For Educational purpose only, On Friday, the market was bullish & have given a breakout of 18000 level (major resistance). After that the market has made a big green candle showing the bullish momentum. Tomorrow between the levels of 18070 & 17980, market will be sideways to buy on dip AND between the levels of 17980 & 17888 there will be no trading zone,...
For Education purpose only, Today the market is most of the time sideways forming a range but has given a breakdown at the last half an hour (due to fall in dow futures). Tomorrow the market can continue this bearish trend because it is in retracement phase in daily TF. Market Opening near 18300-20 level; 1. If dow futures are negative & fallling AND there is...
For Educational purpose only, Today the market has made a high of 18436 and a low of 18357. In daily TF, market has formed a spinning top pattern (on top of uptrend) and a M pattern in 15 min TF, this can be a sign of reversal. Market opening near 18390; 1. If dow futures are -ve & falling and there is higher call writing in the zones of 18400 & 18350 then the...