INDEX SUMMARY -SGX NIFTY IS INDICATING A 200 POINT GAP-UP -YESTERDAY WE WERE SAW A CLOSE ABOVE ALL-TIME HIGH -EXPECTATION IS INDDEX OPENING NEAR 12700 -IF THAT HAPPENS ITS ALMOST A MOVE 1000 POINT MOVE FROM THE LOW OF 11675 -MARKET IS EXPOSED TO CORRECTION -VACCINE NEWS MIGHT CAUSE THE MARKET TO TOP OUT -PEOPLE ENTERING NOW SHOULD WAIT IT OUT -WAIT FOR DIP...
INDEX SUMMARY -SGX NIFTY IS INDICATING A 160 POINT GAP-UP -WE MAY OPEN ABOVE OUR ALL TIME HIGH ON THE NIFTY INDEX -SO WE ARE READY FOR IT -CRUCIAL RESISTANCE ON THE INDEX IS @12425 -CRUCIAL SUPPORT COMES @12025 -DUE TO SWING MOVES DISTANCE BETWEEN SWING LEVELS ARE HIGH -WAIT FOR CORRECTION IT CAN BE THE SHARP ONE -NO DASH TRADE AT ALL TIME HIGH -NO LEVELS...
INDEX SUMMARY -SGX NIFTY INDICATING A 35 POINT GAP-DOWNN -ON DAILY CHART INDEX HAS STARTED TO TRADE BELOW ITS 20-EMA -WHICH IS NOT GIVING GOOD SIGNS -HAD MENTIONED BEFORE WE HAVE A DEMAND ZONE BETWEEN 11625-11580 -WE BOUNCED BACK HARD FROM THOSE LEVELS -NOW SINCE SWING PATTERNS ARE INDICATING A NEGATIVE FLOW EXPECTATION -CRUCIAL SUPPORT KICKS IN...
INDEX SUMMARY -SGX NIFTY IS SHOWING A 60 POINT NEGATIVE START -WE HAVE SEEN THAT THE INDEX HAS BROKEN THE SWING PATTERNS -I WILL BE CAUTIOUS TODAY AS WE KNOW TODAY WE HAVE MONTHLY EXPIRY IN THE INDEX -DEMAND ZONE IS A PLACE WHERE WE CAN EXPECT MARKET TO PUT UP A FIGHT -DEMAND ZONE @11580-11625 -NO DASH TRADES TODAY -AVOID TRADING IF YOU CAN TODAY...
NSE:NIFTY each levels act as support and resistance . for reference one can check old charts. link below
INDEX SUMMARY -SGX NIFTY IS SHOWING A FLAT START -ASCENDING TRIANGLE PATTERN VISIBLE IN HOURLY CHART -IF THE PATTERN IS TRUE WE CAN EXPECT THAT AN CORRECTION TILL 11845-11855 TO BE BROUGHT -FIRST INDEX SWING LOW WAS 11670-11766-? -IF THE FORMATION IS TRUE INDEX IS HEADING TOWARDS A UPSIDE BREAK -INDEX FOR 4TH TIMME HAS REVERSED FROM 12000 -IT MEANS THE...
INDEX SUMMARY -SGX NIFTY IS SHOWING A 40 POINT POSITIVE START -ASCENDING TRIANGLE PATTERN VISIBLE IN HOURLY CHART -FIRST INDEX SWING LOW WAS 11670-11766 -IF THE FORMATION IS TRUE INDEX IS HEADING TOWARDS A UPSIDE BREAK -INDEX FOR 4TH TIMME HAS REVERSED FROM 12000 -IT MEANS THE THOUGH THE INDEX IS FACING STRONG RESISTANCE ON THE UPSIDE THE WALL IS GETTING...
INDEX SUMMARY -SGX NIFTY IS SHOWING A 40 POINT NEGATIVE START -NIFTY HAS ALMOST COVERED EXPIRY DAY FALL -INDEX FOR 4TH TIMME HAS REVERSED FROM 12000 -BUT BRUTALLY AND TRIGGERING STOPLOSSES -WE DID SEE A SHARP BOUNCE FROM THE LOW OF 11765 WHICH WAS ONE OF LEVELS FOR SUPPORT -IT ACTUALLY BOUNCED FROM ITS 100-EMA ON HOURLY CHART -INDEX IS CREATING A HIGHER...
INDEX SUMMARY -SGX NIFTY IS SHOWING A 40 POINT POSITIVE START -NIFTY HAS ALMOST COVERED EXPIRY DAY FALL -IF ONE WILL NOTICE SAME KIND OF MOVE WAS SEEN IN NIFTY WHEN IT CLOSED @10800 -ONCE THE BAR WAS TAKEN OUT IN THE INDEX SAW A 1000 POINT MOVE -CAN NIFTY REPEAT THE SAME AFTER TAKING OUT 12015 -LETS RELAX AND TAKE IT DAY BY DAY -INDEX FAILED TO CROSS ABOVE...
INDEX SUMMARY -SGX NIFTY INDICATING A 70 POINT GAP-UP -AFTER BIG BEAR ROAR ON WEEKLY EXPRIY DAY BULLS SHOWED SOME SIGN OF FIGHT ON FRIDAY -NIFTY ON FRIDAY CREATED A INSIDE BAR PATTERN ON DAILY CHART -INDICATING INDECISIVENESS IN THE MARKET -SUPPORT ZONE COMES BELOW 11625-11585 -FIBONACCI INDICATES 50% AND 61.8% RETRACEMENT LEVEL AT 11630-11540 ON HOURLY CHART...
INDEX SUMMARY -SGX NIFTY INDICATING A 60 POINT GAP-UP -YESTERDAY HAD MENTIONED CLEARLY I AM NOT INTERESTED TO SHORT THE INDEX -NOW TODAY MARKET MIGHT OPEN ABOVE OUR YESTERDAY DASH LEVEL AND HIT THE TARGET -SO THE TARGET IS INVALID -I CAN'T SAY WHERE THE MARKET WILL TRAVEL IN INTRADAY LEVELS AS WE HAVE WEEKLY EXPIRY ALSO -CRUCIAL RESISTANCE COMES AT...
INDEX SUMMARY -SGX IS INDICATING A 25 POINT GAP-UP -TRUMP STATEMENT ON STIMULUS CAUSED A SHARP DIP IN US MARKET -BUT TODAY ASIAN MARKETS ARE HOLDING THEIR OWN FOR NOW -GOING BY THE PRICE ACTION NIFTY IS READYING ITSELF TO TAKE OUT PREVIOUS HIGH -MARKET CLOSING AT THE HIGHEST INDICATES POSITIVE MOMENTUM TO FOLLOW -NOW SINCE THE BIGGEST HURDLE OF 11625 TAKEN...
INDEX SUMMARY -SGX NIFTY IS INDICATING A FLAT START -AS WE WERE CLOSED ON FRIDAY -IF INDEX DO GAP-UP WE ARE DONE WTH OUR POSITIONAL LONG TRADE IN NIFTY INDEX -V-SHAPE RECOVERY HAS BEEN SEEN -NIFTY HAS TWO CRUCIAL AREAS FROM WHERE I EXECPT MOVEMENT -NIFTY CRUCIAL SUPPORT WILL BE @11393 -NIFTY CRUCIAL RESISTANCE WILL BE @11450 -WAIT FOR DASH LEVELS TO BE...
INDEX SUMMARY -SGX NIFTY IS INDICATING A 100 POINT GAP-UP -IF INDEX DO GAP-UP WE ARE DONE WTH OUR POSITIONAL LONG TRADE IN NIFTY INDEX -IF WE MAP THE FALL FROM 11599-10800 61.8% RETRACEMENT COMES IN AT 11294 -IT IS THE LEVEL WE FOUND RESITANCE YESTERDAY -IT IS ALSO THE AREA WERE ON HOURLY CHART THE 200-EMA IS PLACED -AS DISCUSSED CRUCIAL SUPPORT FOR MARKET...
INDEX SUMMARY -THREE TARGET IN POSITIONAL INDEX FUTURES TRADE HAVE BEEN HIT -AS EXPECTECD WE GOT TO OUR EXPECTED LEVELS SOONER THAN WE HAD THOUGHT -BUT THAT IS JUST THE WAY MARKET WORKS IT DOES NOT MATTER HOW FAST THE MARKET IS OR SLOW -I STARTED A NEW SEGMENT SCALP TRADE WITH DASH LEVELS WHICH WORKED PERFECTLY FOR BANKNIFTY AND NIFTY INDEX LEVELS YESTERDAY...
INDEX SUMMARY -SGX IS INDICATING A 70 POINT GAP-UP TODAY -LIKE WE HAD DISCUSSED ON THURSDAY AND EXECUTED LONGS WE ARE CARRYING NIFTY LONGS WITH "TSL" -WHAT IS VISIBLE ON HOURLY CHART IS THAT THE INDEX HAS CAPTURED ITS 20-EMA AGAIN WHICH IS A POSITIVE SIGN -WE ARE BACK ABOVE THE 11000 LEVELS WHICH THE BULLS WILL CHERISH -WE MAKING ATTEMPTS TO CLOSE THE GAP-DONW...
INDEX SUMMARY -SGX NIFTY IS SHOWING A 100P POINT GAP-UP -TODAY WE NEED TO SEE IF MARKET SUSTAINS ABOVE ITS 200-EMA -YESTERDAY I HAD GIVEN A POSITIONAL LONG TRADE AND HAD ADJUSTED ITS STOPLOSS -NOW MARKET MIGHT HAVE INTO SELL ON RALLY FOR THE SHORT-TERM -I WOULD EXPECT THE SAME TO HAPPEN TODAY -MARKET IF BREAKS BELOW 10800 WE WILL SEE A DASH TOWARDS...
INDEX SUMMARY -SGX NIFTY IS INDICATING A 130 POINT GAP-DOWN -WE HAVE BROKEN SWING LOW PATTERN ON DAILY CHART -"HIGHER-HIGH"/"HIGH LOW" FORMATION TO NOW "LOWER-HIGH"-LOWER LOW" -LIKE EXPLAINED EARLY USA MARKET WERE SOLD OFF YESTERDAY NIGHT -PAIN TO BE FOLLOWED IN INDIAN MARKETS -WE HAD DISCUSSED YESTERDAY THAT HOW AFTER BREACH OF 11180 WE WILL SEE A DASH TO...