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...
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...
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...
On 18th May Sgx Nifty gave a flat opening after that it felt more than 200 points with the opening bell of Indian Market. On second half sgx again climbed up and broked the resistance. Possibility is very high SGX will open near 9100 in the morning. If it breaks 9100 and sustains for more than 30min Long can be initiated talking a target of 9140. If SGX breaks...
As the current situation persists, all world markets showing sign of recovery and we hopes that SGX Nifty may turned in dark green tomorrow and all the sour of today might be forgotten tomorrow. We can see some good moves in the coming sessions. In my opinion, Nifty is looking like this in the Forthcoming sessions.
Price 9356 to 8637 is the range in this upcoming week. Reasons: 1. price likely to create an equal ABCD pattern. 2. Rsi divergence on the daily time frame. 3. Price following through a bearish parallel channel. 4. Price 9356 Fib level 0.50 and 0.618% there's a huge supply zone, and then price eventually travels to Fib level 1.27 which is my favorite one. Also...
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...
Look my drawing you can clearly see there is a "Cup and Handle" pattern and its a bullish pattern , but on the next moment we see there is gap down and bearish mood for SGXNIFTY , we need to see on moneday how market opens !
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...
SGX Nifty has reached the given target earlier for down. Now the trend reversal has started for a short term till 10000 mark, meanwhile could find some minor down for retesting
SGX nifty is currently rallying towards 10550 on pull back rally now the chart is retracing towards 9000
Market is bound to fall to nearly 6k Levels beware.
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...
This Analysis is been done on the SGX Nifty, SGX Nifty open before and Close after Indian Market. Recent time major action is on SGX Nifty due to which Indian Market Open with GAP UP or GAP DOWN. 1. Ascending Triangle Pattern on an Hour Chart. We may see a Breakout at 9340, But , 9350 is the important 38% Fibonacci Retracement from Pre - COVID 19 Nifty Price. ...
Hi, 1. Descending Triangle Formation with Head and Shoulder Formation. 2. Sell Below 9230 Target: 9219, 9205 SL:9243