Charts shown here is the last 10 days shows the range bound session for the
past 10 days.
It is very easy to formulate the strategy for coming days. If any of the day nifty
closes above 2800 then it is easy to say nifty trend is towards upwards. And
if closes below 2650 then we can say that we are moving down.
Game is getting easier now!!!
Related Readings and Observations
Nifty and Bank Nifty Weekly Sentiment Analysis As a trader worst thing one can do is anticipating trend all the time. When a trader anticipates a trend but rather market does a sideways action if often frustrates a trader and often […]- Code Snippet : One Hour High-Low and Previous Day High Low Here is a simple AFL code snippet to plot One Previous Day High Low and currently day One hourly high low (i.e high between 9:15a.m - 10:15a.m as per NSE timings)
- MCX Gold and Copper Hourly Chart – 19 July 2011 MCX Gold still remains bullish and there literally seems no reason to go bearish. The yellow metal is in buy mode with the support coming around Rs.23085 per 10 grams.
- Nifty Futures – Market Profile Analysis – 12th Mar 2018 Tops down analysis indicating Monthly timeframe is balancing, Weekly timeframe is trending down and Daily timeframe is trending up. Kind of mixed timeframes which indicates that markets […]
- Caution : Nifty nears GANN Support Zone From the Nifty Hourly charts we could observe that.... Nifty is nearing the gann support regionnear 4325-4350. If Nifty fails to hold the support then next levels of Support […]
- Nifty Hourly trade for 27 July 2010 Nifty maintains the hourly buy mode. Hourly clouds are still near the 5380-5390 band. Reverse longs only if the resistance band got broken on hourly basis otherwise shorts are not recommended.
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