View in nifty: Any intraday dips can be bought till 11730 for tomorrow!!! Too many news in the market as of now, both domestic and international. So, play with appropriate stops. CPR relation is strong in all the big time frames so let us hope it is a nice chance to grab the dips at least till the first week of next contract. Next month opening and 2-day relation...
Flag pattern in nifty and bank nifty sopt is seen...breakout is near for today if positive its fire in the index...FM meet today at 3PM and election result day aswel.
Crude can go up to 3872 and more...CMP 3825 .
A beautiful 2-day relationship pattern seen in crude WTI since morning. MCX crude last closed at 3804. Let us see how we react to the pattern now. It's a pure textbook pattern tested and proven by the world's topmost traders. Pattern name: OLHV To learn the 7 (2 days relations) message me. Thank You.
In my previous tutorial, I showed a Higher Value relation. Such massive rallies can be traded after learning the 7 two days of relationships. To learn all the seven relations message me. Thank you.
Todays Nifty setup is known as Higher Value Relationship. On such days it is said and proved that if the price opens gap up and then pulls back which is the perfect time to buy(buy the dips). Concentrate on the blue highlighted box. To learn the 15 candle patterns and the 7 CPR relations please do message me. Very helpful
Apple weekly view: On a weekly time frame a bearish divergence can be witnessed on the chart. A bearish divergence occurs when prices go higher but the RSI remains lower. Watch the 2 red arrows. This friday as on 13/9/19 Apple gave a close at 218.75. Now the immediate support is 212.72. If this is cracked heavily we can see down ticks near 208.78 and 204.55...
Nifty educational video. Very important Virgin CPR formation. To learn such 15 patterns please message me. Thank you.
My today's trade-in Nifty(10 lots) Watch the yellow box on the chart. The green breakout candle was my entry in 11300CE at 54 and sold at 61.65. Now there are two reasons why I took this trade. A small profit of 5,737rs. No indicators used, just pivots and price action. Smaller time frame charts are not valid so uploading 15mins chart, whereas the trade was on...
A clear Bullish divergence can be seen on RSI in Nifty Index here today. The RSI is HIGH whereas the CMP or Close on Nifty is much lower from where the red arrow starts. The RSI has crossed the RED broken line. Can long Nifty with immediate support of 10950 ish zone where the monthly and weekly pivot are there. Watch the red arrow on the price chart and the red...
Boeing Daily Analysis: On the daily chart an "Inverted head & shoulder pattern can be seen as well cup and handle. Weekly breakout took place in boeing above 365 na d 370 levels. If we see the same on the daily charts, Immediate supports are the 2 two broken green lines @ 370.48 and 375.86 respectively, whereas the immediate resistence(blue broken lines) are...
Nifty next week view : If any good news delivered by the FM we can see a 25 to 45 points gap up opening on Monday. Nifty spot may open at 11110 or 11128 just a prediction. Then for intraday 11058 and 11080 can act as crucial supports. My opinion is to long in Nifty keeping in mind the supports and just the price action. A bullish divergence is also noticed on...
Bank Nifty spot closed at 28098.75 as on 13/09/19. This is bank nifty daily chart. CMP : 28098.75 Immediate resistence is 28282.62 then after 28483.32 and 28603.27, all the above blue lines are tough barriers. Watch and count the blue pins under each candle and watch the price action. From the first resistence of 28282 ish levels the index has cracked down nearly...
Keeping in mind today's low in Nifty and Bank Nifty. This is the trade setup for tomorrow. Nifty and Bank Nifty both have formed a cup and handle formation on 45 minutes chart. Any dip in Nifty till 11000 should be bought. The resistance for Nifty is 11145 and immediate support is placed at 11080. Weekly support in Nifty is at 11104 levels. Once it breaks 11145...
Looking at the current market scenario anyone would initiate a short position. But, there are some levels and certain candle formations which gives us a clear picture of the next move. If this stock falls with the current market scenario we may witness 1530 to 1550 levels in this counter. This is a simple example of bearish divergence on RSI. One can see the price...
The S&P 500 index is trading at a resistance of 2932 to 2950 respectively marked with red broken lines on the chart. Since Sept 2018 it has fallen from this level 8 times and this is the 9th attempt. So on 4hrs chart, a close above or between 2885 and 2900 will be considered positive. Once a strong close above 2954 we can see a 50 points jump in this counter.
This is my setup for Tuesday's session for Nifty. Concentrate on the blue box inside the large box and nowhere else. As we can see, I have marked PDH, PSH & PDL. PDH = previous day high. PSH = Previous swing high. PDF = previous day low. Small blue box: Selling zone. Since nifty has given a close above CPR on Thursday and Friday. The Tuesday setup is as...
Speaking Candles: This is a 15 chart of Nifty Bank last Friday session as on 9/8/19. Candles are so accurate when they try to tell us the next upcoming move. So, here we will discuss the candle formation marked in the red coloured box. The first candle is green with a small wick and also closed above last 3 days high. Now why the immediate candle is red. The big...