Today I was expecting a bullish move and it was but in last hour we saw selling pressure from 11946 level and my resistance level was 11926.
Now on the daily chart it has formed long upper shadow with little body.
@What next?
By looking at the daily candle of today, I am bit bearish because there is a resistance on weekly chart and 11926 is the weekly...
Disclaimer
All investments involve risk, and the past performance of a security, industry, sector, market, financial product, trading strategy, or individual’s trading does not guarantee future results or returns. Investors are fully responsible for any investment decisions they make. Such decisions should be based solely on an evaluation of their financial...
@18/OCT/2019
On previous trading session nifty gave a good intraday move. And it made high of near around 11695.
@Weekly Analysis
Since previous two week we saw a bullish movement.
@Tomorrow-
Today exit poll announced in Maharashtra and it going into the favour of BJP and market may be looking it as a good sign and expecting a stable government.
Market may...
Disclaimer
All investments involve risk, and the past performance of a security, industry, sector, market, financial product, trading strategy, or individual’s trading does not guarantee future results or returns. Investors are fully responsible for any investment decisions they make. Such decisions should be based solely on an evaluation of their financial...
On evaluating the chart of Nifty 50 with option data and USDINR, it looks that market may be range bound till expiry. Wherein the 11300 levels will act as support and 11400 as a strong resistance levels.
As expected, () nifty gave a slow move towards upside and the same we expected.
@Today
It broke the channel but was not able to sustain above it and came back in channel at the end of the day by forming the upper shadow, this upper shadow shows the sellers strength at the level.
one more important point that we can observe here is, almost equal no of sellers and...
Today it was a range bound day, not much move.
On Daily chart Nifty has formed a Doji kind of candle, but as there is no trend and it is in the middle then it is not worth to think about it.
So what next?
Tomorrow I am expecting a bullish day by looking at the market structure and structure is higher high and higher low. Above 11430 I am looking to buy, but...
Dear Traders,
Thank you for your support. Today we are discussed about supply and demand concepts very shortly. I'll Post a detailed video concept with live examples later on , probably forthcoming weak with the same concept. So far Tata motor is bullish and it will reach all the way to 135 zone.
Like Comment and Share for more users to get useful.
Regards
Deepak
Yesterday we witnessed much volatile day, sharp upside and then a sudden fall. while upside most of the trader has trapped but those who were looking on 15 min candle it was clearly indicating a fall but nobody has expected the sharp fall.
@MONDAY
Now what is going to happen on Monday.
Still I am looking for a bullish day, Yesterday we saw a sharp rejection...
long from 11010 and profit target will be 11275...watch the video to understand why i am telling for long ...IMPORTANT NOTICE :- WAIT FOR THE BULLISH SIGNAL
