SPX is down 6.07% from Sep whereas Nifty is only down 0.74%. If the coupling still exists and we think of US markets as the mother market - then further pain awaits Indian indices.
There are 2 factors which could play spoilsport
1. Rising oil prices - going to cost dearly as we are a net oil importer
2. Rising dollar index - this will push down the INR much...
simiar to NASDAQ, it too needs ti sustain above 20 september highs to turn Bullish from curent bearish trend
If one Observe carefully, they will find that despite the counter breaching 20 and 50 EMA levels, in last 3-4 cases, despite there was no NEGATIVE crossover like its seen recently
thats worrisome
simiar to NASDAQ, it too needs ti sustain above 20 september highs to turn Bullish from curent bearish trend !
If one Observe carefully, they will find that despite the counter breaching 20 and 50 EMA levels, in last 3-4 cases, despite there was no NEGATIVE crossover like its seen recently
thats worrisome
To Me the SNP 5oo doesnt have much downside to go. From 4210 odd to 4290..... it will probably make another small LOW..... and that too coz the Dow needs to make another Low before everything bottoms out. September being over as a Historical down month...... I am betting my BOTTOM DOLLAR that by December end Markets will be Much Higher than before. Do not be...
The S&P 500 is getting oversold based on the CBOE Put/Call ratio. It is also at the bottom end of two channels, which could act as a strong support. This appears like a buying zone for long-term investors and traders alike. Just patience for managing the short-term volatility.
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BANK NIFTY IMPORTANT LEVEL
WE BUY CALL AND TARGET LEVEL IN VIDEO
45869 // 45788 // 45734 // 45613 // 45558 // 45488 // 45292 // 45158 // 44901 // 44796 // 55561 // 44410
This is only level we upload new idea in morning 9.30
Buy when Market Break
The support or Resistance
and wait for the closing and
set stop loss at the
last opening of the...
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Hello Guys in This Video We share How to Trade in Option's Market.
#We talk in this video what we need to learn in market.
Difference between technical analysis and option trading
Technical analysis and options trading can go hand in hand. Many of the best practices for options trading come directly from technical analysis concepts. Technical...
Hello & welcome to this analysis
S&P has entered into the PRZ of a Bullish Harmonic Gartley pattern.
A bounce/reversal could be expected as long as it does not breach below 4375
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US500 will go upUS500 will go upUS500 will go upUS500 will go upUS500 will go upUS500 will go upUS500 will go upUS500 will go upUS500 will go upUS500 will go upUS500 will go upUS500 will go upUS500 will go upUS500 will go upUS500 will go upUS500 will go upUS500 will go upUS500 will go upUS500 will go upUS500 will go upUS500 will go upUS500 will go upUS500 will go...
Previous analysis was done when the price was at 4515.
Now the pattern is complete. So what next?
Support zone is at 4420 - 4435.
And trend line resistance is near to the current price.
If it sustains the support zone and breaks the trend line with strength, then price will move up to fill the gap between 4488 to 4496.
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If you All remember............. I had given a figure of 4527 as a very Tough resistence to cross. I remember ParasuRam telling me that we had crossed it and sustaining .....That sustainence was damn short lived. Since the, we HAVENT crossed it. I have given you all the possible wave counts to wave " B" and then a Fall towards ' C" as I could best. CAUTION NOW
