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Sgxnifty

SGX NIFTY TOPS AT 12821Analyzing SGX NIFTY FUTURES for future movement of NIFTY INDEX is a good IDEA. Here ALSO the 'B' wave of 4th wave completed at 12821. next would be ABC down leg to unfold. since 4 th wave B has gone more above start of A ,we can expect a running correction (0.618*A) 11523 or an Expanded or irregular correction(1.618*A) 10156. Having our GOVT anounced more stimulus yesterday we may expect a SHALLOW or RUNNING FLAT correction in the proceeding down leg of wave C NO doubt we can initiate shorts as smart traders Happy DIWALI
NSEIX:NIFTY1!Short
by selvamB
SGXNifty vs Nifty50The difference is mentioned on the chart. As you can see the white line which represents Nifty50 is flushed together against the price movement of the SGXNifty. Traders use this instrument to gather a sense of the direction of the market for the day. This is not a sure shot method of determining the open or the direction, but it offers a good indication. Today, the SGXNifty is trading about 20 points lower (7:45am), indicating a flat open for the day. When you come into the market with a bias, this can either confirm or reject that bias and help you create a more accurate trade plan for the day.
NSEIX:NIFTY1!Education
by ArcherDAVIS
2
ALL CHARTS OF INDEXES SPEAKING OF UP SIDE MOVE ON 26-5-20 SGX 1. In this chart I circled price behavior in green at all levels provided few days back give the correct information of frequent entry and exit . If anybody has the knowledge of how much any move whether with trend or counter trend will travel in correct direction can perfectly work in intraday trades with the help of given support and resistance in this range bound market. 2. See I made pink box for sgx movement that is expected to travel at this point in coming session on 25-5-20. When sgx will travel to this distance ,obviously nifty will also travel on 26-4-20 same. So my feeling is for long side. I every time say there is nothing sure in trading this is the game of high probability set up . I found this comfortable so sharing my views. I can be wrong any day any time. But like to maintain my strike rate. Rest market will decide. YOGESH VATS
NSEIX:NIFTY1!Long
by yvatsji
15
SGX READY TO TAKE NIFTY DOWN TO WHAT LEVEL SEE POST !!COMPARING MY YESTERDAY STATEMENTS WITH REAL MOVE IN SGX TODAY. 1. In my last statements point no 2. I clearly mentioned that if price till morning do not cross green dotted line then gap up opening can convert into flat. But you see price crossed dotted trend line so market opened gap up. see in fig. I gave the cross area in yellow color which does not provide any information regarding direction of trend. That already mentioned yesterday. See in day when price started moving down to green dotted line ,nifty also started its journey to down in afternoon. When you have this information then trading becomes easy. Everyday I first prove my statements with actual moves. 2.Now manifest the effect in opening with this structure. See I circled the move in pink color. Here price is moving up but volume is decreasing so chances are bright that price will move to blue line till opening time of nifty. There fore chances to increase the gap down open with difference of points also increases. First target is blue line then red line. Remember nifty has to travel less . So can see intra day range bound move. Rest market will decide. YOGESH VATS
NSEIX:NIFTY1!Short
by yvatsji
2
CAN SGX CHANGE GAP UP OPENING OF NIFTY TO FLAT SEE HOW!!COMPARING MY PREVOUS STATEMENT TO REAL MOVE IN SGX TODAY. 1. In previous post point no.3 I clearly told you about the condition of green doted line quoting my words " morning star parttern is seen that has been tested in next candle. If it really works then green dotted line will breach and price will go to in 1st micro zone ." You can see price breached the green dotted line and went to lower end of micro zone circled in green.In next candle you can see crash . This move was manifested two days back and you see same happened . One more thing to notice sgx took support after such fall to blue support line converting into zone. Why I every time in every chart analysis give you so precise levels from where trend gets changed. All sketching has been done for you . Only follow imformations on chart, time your trade in direction disclosed by me every day. you just have to react with the conditions I share in post. I every day try to make trading simple for you all. 2. Yellow color is no trading zone. Means no information about trend if price take out green dotted line this time. Had sgx not taken out green dotted line till opening of nifty then there are chances of nifty slightly opening up to flat. Above green arrow is shown in fig. If price takes out arrow means change in structure, down trend change to up side. Rest market will decide. YOGESH VATS
NSEIX:NIFTY1!
by yvatsji
11
AN MORNING STAR PATTERN IN SGX CAN TAKE NIFTY TO 9300 SEE !!COMPARING MY LAST STATEMENTS WITH REAL MOVE IN SGX NITY 1.In point no.3 I clearly mentioned that a divergence in price to volume is seen this can test the lower limit of red zone which you can see in fig I circled in green . Same happened. That is whyI always say market show friendship with my analysis. 2. Now next what? In nifty post with upper time frame I showed you bulls of week aggresive nature are being trapped for last 8 sessions. I explained in detail about it. In later update those seen post earlier can see latest update where I posted lower time frame chart in which I showed local distribution is going on that is why nifty is reluctant to fall . In my previous posts I already shared that Nifty bottom is likely formed so nifty has to travel less than banknifty where bottom is not formed so travel distance of bnf is more compared to nifty. Bnf can give new low or test previous low in coming days. 3. Lets compare the signals given by sgx in this fig. then match with nifty signals . In sgx nity i cirled in green area, where morning star is seen that has been tested in next candle. If it really works then green dotted line will breach and price will go in 1st micro zone. If momentum is good then go to 2nd micro zone near 9300. On the contrary If 2nd micro zone in lower side is breached and price do not come back in next 30 mins then market can see a fall. If we compare both set up together , we find in nifty chart green trend line testinglevel is 9300 and sgx 2nd micro zone upper limit is also 9300. Therefore, probabilities to move up increases. 4. All conditions in every chart i mention clearly for you all . When i devote that much time in analysing and writing . Its your duty to understand it by devoting maximum time to take out your trades , that is called timing with the help of this analysis. If any confusion in reading it then write to me always welcome. For entry and exit timings I can not help because every thing is mentioned in charts tune your mind to adopt it. Rest market will decide. YOGESH VATS
NSEIX:NIFTY1!Long
by yvatsji
10
SGX NIFTY IS AT SUPPORT ZONE HOW WILL IT EFFECT NIFTY !!COMPARING MY LAST STATEMENTS IN SGX WITH TODAY ACTUAL MOVE. 1. Yesterday in point no. 3. I mentioned that untill and unless a green trendline is breached nifty can go down with the target of red zone . But it breached in morning that is why nifty did not show big fall. 2. yesterday in sane point no.3 I also mentioned that when price will reach at red zone a trend revesal will be seen see same is happening . i circled that reversal in pink color. Price breached lower end of zone and came back in same zone. This is called breach not taken out. I made this diffrence clear in detail in bnf post see example. Since one and half months I posted 73 post that was my starting to share with public. Can you take out any post where i missed my target. i want you all to do hard work burn night oil to learn this skill. 3. See hammer candle with buying pressure is at zone and gives revesal imformation of previous trend. I showed one dotted yellow line with price and second dotted line with decreasing voulme. This gives me imformation of divergence. It means this up move can test the lower band of zone in morning. If test become sucessful then revesal will confrim, then long position can be initiated. If low of hammer candle is breached then down trend will continue. 4. Effect on nifty is that if test is confrimed then nifty wiil not fall in morning, otherwise it will fall. As per my feeling at least in morning chances are less to fall. Mr. X when you asked me in afternoon to short bnf and carry I refused because this reversal was expected This was one of the reasons. Hope you all would be learning daily new things in market. Those who follow me on twitter, I sahre psychology of market so that, with analysis this concept would also be cleared . Rest market will dcecide. I can be wrong any time any day. But like to maintain my strike rate. Yogesh Vats
NSEIX:NIFTY1!Long
by yvatsji
2