Nithya_Jayachandran

Nithya_Jayachandran

4H retest made on the previous LH BUT, the zone 1833 that got broken out with massive move is yet to be retested. Will the trend continue up or will the sell continue again to retest the 4H LH is the question. Now, at 30m TF, the buyers made a v shaped recovery, so expect the buyers to challenge the nearest LH seller area in 1H TF. If the recovery fails, wait...

Nithya_Jayachandran

cntd - as mentioned before- but for scalping 4H - due for a pullback - so sell bias 1H support at 1857.400 needs to be closed bearish for short. same levels also in sync with 15 minutes. ------------------------- Buy bias will be when the candle closes above 1860. but the range to target is lesser and less R:R. ------------------------- Wait for...

Nithya_Jayachandran

4H - due for a pullback - so sell bias 1H support at 1857.400 needs to be closed bearish for short. same levels also in sync with 15 minutes. ------------------------- Buy bias will be when the candle closes above 1860. but the range to target is lesser and less R:R. ------------------------- Wait for confirmation and the candle to print either way -...

Nithya_Jayachandran

1) a very bad short against the trend. expecting to get stopped out. 2) the candle did not print bearish in the 15 minutes TF. 3) entry based on momentum and less odds of success.

Nithya_Jayachandran

Currently at the no trade zone. Made a trend reversal and expecting pullback for the previous bullish action. -------------------------------------------------------------------------------------------------- Scenario Buy: 1. Confirmation - Close above 1824. 2. Pullback - Nearest better price 3. entry - bullish engulfing of the pullback...

Nithya_Jayachandran Updated 

DAY LEVEL : On 14th oct , the candle closed above the bearish candle on 16th sep. Since its the previous sellers area, the next day sellers stepped in and it gave the pull back for the miniature uptrend starting on 30th. Two options : sellers pushing the market to the next support and testing the miniature HL at 1754 OR buyers breaking above the resistance at...

Nithya_Jayachandran

The buyers stepped in at the discount area. As the 1:00 AM 30 minutes candle did the trend reversal, Now entering long with the sellers as the TP and the miniature HL as the SL.

Nithya_Jayachandran

Bearish action since NY Open. Came near the over sold / demand area. Now, the 30 Minutes resistance and the 15 minutes LH is at 1776.300. If the candle closes above the range, there is a high probability of it going till the next selling point and above OR If the candle next to the bullish candle closes / engulfs bearish, then short and keep the LH as the...

Nithya_Jayachandran

DAY LEVEL : Did a trend reversal, gave a pullback yesterday at day level and is bound to make HH. 4H : Straight bullish for the last 8 hrs ( 13:51 IST as i am writing this ) Either can scalp by entering positions for long at 14:30 4H close by keeping 1773 as SL and nearest seller as the TP ( 1787 ) OR wait for a proper pull back that happens after it hits...

Nithya_Jayachandran

PFC Expecting some consolidation and pullback before rally try buying along with the institution best entry 128-130 zones

Nithya_Jayachandran Updated 

Since the market consolidating for more than a year we can expect some good rally target 240 /260

Nithya_Jayachandran

Opportunity for Swing. 1. Since we can see that the price is approaching its previous demand zone, There is an opportunity for going long. 2. CNX NIFTY is aligning with the overall demand zone with maruti. 3. Entry for long after trend reversal around 4H.

Nithya_Jayachandran Updated 

Tata Power swing position. Potential breakout out of the supply line. stoplosses around 117 ; TP - 131; RR - 1.47;

Nithya_Jayachandran

backtest

Nithya_Jayachandran

XAUUSD 1H backtest

Nithya_Jayachandran

backtest

Nithya_Jayachandran

R:R = 1 : 1.74 SL - 1819 TP - 1823

Nithya_Jayachandran Updated 

Gold intraday backtest