sanstocktrader

sanstocktrader

Horizontal lines drawn from cloud flat top and bottom often act as good support and resistance . 9930 is Support line drawn from previous Cloud flat top , therefore level of 9930 will be crucial on 26-03-2018.

sanstocktrader

After cloud break down 1.2333-1.2336 will act as resistance

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Cloud break out on daily chart

sanstocktrader

In 1st pull back attempt Bank Nifty failed to cross prior swing high of 25010 indicating lack of buying interest .

sanstocktrader

Nifty faced seller at supply zone and now broke 30 min Trendline. More weakness below lower cloud level of 10309 .

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Cloud break out coincide with BO on downward slopping Trendline

sanstocktrader

Crude on hourly gave cloud break out @ 61.90 & even managed to cross 61.8% fibo resistance @62. Any pull back toward 50% fibo @ 61.6 may offer long opportunity for level of 63$.

07:41

sanstocktrader

Nifty road map for 12 to 16 march using 30 min ichimoku chart.

sanstocktrader

After recovery from Bottom , now area of 10276-10322 will be interesting to watch followed by cloud break out on upside.

sanstocktrader

Bearish divergence and break down below KijunSen is giving early sign of weakness.

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Bata : Bullish cloud break out on hourly chart

03:38

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Intraday Trading strategy using Ichimoku

10:00

sanstocktrader

This is my first small attempt to explain ichimoku system and how to use different ichimoku trend signals in trading decisions .

sanstocktrader

ICICI Bank at crucial channel support @ 326 . Stock facing resistance at Kijun (Red line ) . Below 326 stock may found cloud support @ 309.

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After consolidating in cloud Nifty break down below cloud low at 10488 . There was attempt by Bulls to pull Nifty up which resulted in small bullish cloud formation . However bulls attempt failed and Nifty broke cloud low of 10488 . Now going forward cloud low may act as resistance around 10510. Downside Nifty spot may slide till previous low .

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DLF on verge of cloud break out on upside after forming higher Low on hourly chart.

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Trend : Down untill Nifty cross cloud top @ 10725 Nearest resistance =10593-10617 Second round of selling below 10440

sanstocktrader

Shriram Transport Finance : On monthly chart stock is moving in upward slopping channel.Stock is in strong uptrend , During correction I will be accumulating in range of 1300-1200 for Investment target of 1600.