Everything is mentioned in Video.
This regression line is plotted on daily charting. This is for swing traders. . This is not meant for intraday traders.
In the last few days, the Nifty50 has found support near 16800 and has risen to 17123. The hourly chart shows that Nifty's support level is around 16985-86. So, I'll keep my long position until the Nifty crosses 17000. According to my forecast, the index will reach 17250 within the next few days.
The SGX Nifty is down significantly on Friday. The market is...
After volatile session the whole week , market might trap the sellers in the coming week with some short covering rally .
Longer term outlook remains bearish because of the uncertainty all over the world markets.
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Exciting Session on 16th March 2023 unfolded with a temporary bounce from day lows of 38613 towards 39300 approx & a fall back to 38750 approx without making a new low or breaching below 38613 - puts strong case of truncation.
Truncation is rare to happen suggesting that ongoing trend could abruptly halt in between & take a sudden reversal which could be possible...
After a big fall of 2540 points from 41671 highs as expected in the last video published on 1st March 2023 - Are we done with the current impulse?
Let us check out the simplest method of price confluence which is initial wave = final wave in the impulsive structure
Wow!!! Indeed that's the case as we see over the video.
39132 could be most important low & if...
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Nifty is on crucial point. Check where it tends to move Upward or Downward.
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