Sgxnifty
SEE BALLON OF FISCAL PACKAGE BUST SGX DOWN IMPACT ON NIFTY !!COMPARING MY LAST STAEMENTS FOR SGX WITH REAL MOVE.
1. YESTERDAY MANY PEOPLE ASKED ME SGX 500 UP NOW HOW WILL YOU TRADE , WHAT WILL HAPPEN . I GAVE ALL ANSWERS IN YESTERDAY POST FROM POINT NO.3 TO 5 . WHAT IS THE IMPACT OF NEWS .WHEN IT SHORT LIVIED ,WHEN ITS LONG LIVED. AND CORRELATION WITH PHASES AND STUCTURES.
2. IN POINT NO.5 I GAVE YOU A GREEN CHANNEL AND CLEARLY TOLD IF THIS IS TAKEN OUT UPSIDE THEN YOU WILL SEE 10000 T0 10200.OTHERWISE SEE FALL IN SGX JUST IN ONE OR TWO DAYS. SEE IT STARED SINCE MORNING. SGX COULD NOT DARE TO BREAK UPPER BAND OF GREEN CHANNEL. I EVERY DAY SHOW YOU THE DEPTH OF CORRECT ANALYSIS .YOU ALL HAVE BEEN FEELING IT.IN SAME POINT NO.5 I CLEARLY SAID " NO UPSIDE " SAME HAPPENED .SEE IN FIG LOWER BAND OF GREEN CHANNEL IS TAKEN OUT. WHEN POEPLE AND CHANNELS WERE IN CHAOS , I WAS CALM AND DETREMINED WHAT WILL HAPPEN IN SGX AND IMPACT ON NIFTY. EVERY DAY I MANIFEST MOVE BEORE IT OCCURS.IN ALL INDEXES .
3. NOW IN FIG I MADE A TRENDLINE OF GREEN DOT IF PRICE DO NOT BREACH IT TILL THEN NIFTY WILL ALSO REMAIN DOWN WITH THE TARGET OF RED LOWER ZONE. FROM THIS ZONE TREND CAN BE RANGE BOUND. IN SGX AS WELL AS IN NIFTY. KEEP AN EYE ON THIS,
4. STOCK MARKET IS AGAME OF SUPPORT ,RESISTANCE ,ZONES, PATTERN, STRUCTURES, PSYCHOLOGICAL POINTS DISRIBUTION ,ACCUMULATION ,RE-ACCUMULATION,RE-DISTRIBUTION, MARK UP WITH THE SYNC OF ALL THESE FACTOR ONE CAN UBDERSTAND THIS UNIQUE LANGAUGE. IT TAKES LOT OF HARD WORK AND YEARS TO GET SKILLED.THEN EARNING STARTS. IF ANYBODY CAN DO THIS CAN EARN. REST MARKET WILL DECIDE.
YOGESH VATS.
technically SGX nifty has price rotation.? 8323 target then, price will not break or close 8622. Incase of break & close above 8612, then channel will not continue.
Daily chart:
During the falling wave, 3 times reduction in price has been seen.
While using the retracement, 32.2% retraced is at 9249. Price rotatio range is betw een 8838 and 8188.