DAILY LEARNING (DAY-10) When the market is in an upward trend and the previous day's low is consistently being protected for 4-5 days, buyers tend to adjust their stop-loss levels below the previous day's low. This can create momentum when the level is eventually broken.
DAILY LEARNING (DAY-9) Within a month, every time the market makes 2 weekly sideways candles continuously then there will be a higher probability of getting a trending market after that. Follow for More Price action concepts Learning.
DAILY LEARNING (DAY-8) Today, many traders have been confused because there is no market direction. Let's learn the reason behind today's sideways market Follow for More Price action concepts Learning
DAILY LEARNING (DAY-7) Learn to trade Gaps after a breakout closing.
DAILY LEARNING (DAY-6) After a range break, the trend usually continues for 2-3 days.
DAILY LEARNING (DAY-5) The probability of the markets following the same pattern decreases as the sequence of similar patterns continues for four or more times in a row.
DAILY LEARNING (DAY-4) Near expiry, if the market is between two major swings and there are multiple resistance and support levels above and below, at that time Short Straddle position can be a beneficial strategy. Do not hold Positions after 2:00Pm on expiry—
Nifty chart analysis and Price action learning Points DAILY LEARNING (DAY-3) Huge gapup or gapdown in the opposite direction of a current trend could be a sign of a potential trend reversal.
Nifty chart analysis and Price action learning Points DAILY LEARNING (DAY-2) Sharp selling levels and buying levels usually acts as major levels. Buyers and sellers usually try to protect these levels(Double Top-Double Bottom Structure).
Nifty chart analysis and Price action learning Points DAILY LEARNING (DAY-1) Whenever market is in trending and open gapup or gapdown in direction of trend PDH and PDL will act as major support and resistance and shows the strength of the trend
Whenever market closes within a range for 4-5 days there are many straddle positions on ATM strike price and whenever the market closes outside the zone options sellers have to adjust their positions or close one leg of the straddle positions and then market gets trending.
Nifty is making inside candle on daily timeframe and there is a possibility it will give breakout within 1-2 days so a trending market is expected in 1-2 days
Nifty Chart Analysis, Trading plan for tomorrow and Levels for tomorrow.
Nifty triangle pattern with inside bar. Will try to give huge momentum to either side
Nifty chart analysis. Right time to make straddles. Market it giving trending move for last 3-4 days now market will be volatile for some days.
Banknifty Weekly Timeframe analysis. Chart Reading
Nifty Chart Analysis Levels and Trading Plan for today.
Previous Day High level has not been broken for the last 5 days. Momentum expected above previous day high.