Nifty CMP : 4288
It an easy guessing day. As anybody would guess from the singapore nifty or may from the cues of Dow Jones that market gonna start with a positive note.
But you can infer from that charts that the today's morning start up move in the nifty is predecided yesterday itself.
Nifty 20 EMA – 4335(30min charts)
Nifty 20 EMA – 4370(60 min charts)
Short on bounce back is the good strategy.. No Sentiments
Related Readings and Observations
Double Bottom Breakdown in Dow P&F Charts
Charts shown here is a Traditional 3Box reversal P&F(Point & Figure Charts) of Dow. Currently there is a Double Bottom Bearish Breakdown Pattern in Dow on […]- Trading the Gap Up and Gap Down – Part 3 In the last episode we learnt about sentimental gaps and how it got faded by going against the retail traders sentiment and in this tutorial we will look into the professional gaps which […]
- Nifty Trading Outlook for April 2018 New Financial Year about to start and it is always refreshing to kick start with a unbiased outlook especially when a new derivative series starts. Structurally so far correction in Nifty […]
- Nifty Future Weekly Observation 02nd March 2015 What a roller coaster ride on Saturday the Union Budget special session. It was a session of euphoria, panic & stress for many and in the mean time it was a day of joy for few.The […]
- Learn to Recognize a Popular Old School Chart Pattern See examples of a head-and-shoulders pattern in a chart of SPY By Elliott Wave International
A head-and-shoulders pattern is one of the most well-known classic chart patterns. In this […]
- What is Dabba Trading? Dabba means box and a dabba operator, in stock market terminology is the one who indulges in dabba trading. His office is like any other broker’s office having terminals linked to the […]
Leave a Reply