pl see the chart. Whoever is following my system would not have shorted today. Longs closed. Any close below HTL will trigger a short
There is a +Divergence emerging in Nifty but to be confirmed by price . Condition 10454-10339 should hold and a close above 10529 is required
1. A capitulation might have happened on 9-03-2020 2. Taken longs not on Technical but based on central bank intervention, institutional buying, etc
Please see the chart for more details
This is my weekly chart as per my system 10828 is the LTL of the previous uptrend. Today's low 10827.40. Probability is very high for a bounce from here. I will not be surprised if Nifty closes above 11000 today. 11k has got good support as per OI also. Lot of investment buying can come at this level. Week is imp as today is Friday. Trend is your friend until it...
This is my weekly chart as per my system 10828 is the LTL of the previous uptrend. Today's low 10827.40. Probability is very high for a bounce from here. I will not be surprised if Nifty closes above 11000 today. 11k has got good support as per OI also. Lot of investment buying can come at this level. Week is imp as today is Friday. #Nifty #Nifty50 #Niftytrend...
This is the power of higher t/f. As said, SPX could not cross my system level of 3081 . Please refer the previous chart in this regard and bears took control for the day. #SPX
The probability I posted in the previous chart worked All credit goes to my Trend Analysis system
if the low 2856 is held ( double bottom month) and closes above 2998 EOD then we are for a rally. If it recovers from 2856 then my system forms a spike and we can assume fall is over. This is just a probability
pl see the inputs on the chart. Weak even in 15 mts t/f as of now