I have done my analysis on 15 mts chart of Nifty Spot and resistance zone is being played out between 22100-22000 100 points . Bulls are not able to overcome bears in this zone Have a strict stop loss for your long positions and dont play aggressive now
In this video I have demonstrated how I am using my Trend following System to successfully trade Nifty, Banknifty and Stocks and for different time frames. I have made this public after I gained confidence and developed conviction in using this It has in-built signals which one can use to study price action This is 15 mts chart for trading Nifty Futures and Options
Archean Chemical Inds Added at 593 and 614 Will add more above 647
Added at 778 Added at 812 More above 827-835 A simple process to take advantage of Price Action in fundamentally good stocks
Added at 696 Added at 715 More above 728 A simple process to trade well and rake in profits Target 732-759
In this video I have explained todays PA and what is in store for tom In my view, I think but not confirmed a short term bottom in place
Nifty is in an important support zone I think at least for the bank expiry today bulls will try to protect it
BO can happen in this stock possible target 1300 a fundamentally good stock
This is what I mean when I say " I just follow my lines" A system and rule based approach to trading No bias No hunch No emotions
Took long on alert from crossover of 328 Tradingview has this beautiful facility of alerts Once alert generated just analyse and initiate the trade
Support around the circled area is important for any reversal Lets 19570-19550 I just follow my lines
Adanient is looking good for intraday above 832-835 supported by volumes Have suitable sl and go long above this zone
Bears are not able to break the support Nifty can zoom now
NTPC picked up at 240 crossover of red line just like Tata Steel
Todays pick for intraday Tata Steel yesterday it was Tata Consumer Products
In this video I have explained the process I adopt for trading in options, futures of Nifty and also how I pick stocks on reversal. the example of Nifty and three good stocks given
Bought for Intraday BO on hourly chart supported by volumes
These are the Pre-open levels for Nifty This will change according the PA during the course of the day Most probably Day 19633 can hold and lead to bounce I just follow my lines and levels