Nifty turns to buy mode with trailing support coming near to the 5291. Similarly Bank Nifty too turn to buy mode with trailing support coming near to 10380 zone. Reverse the trade if the support breaks.
Related Readings and Observations
Warning: Strong Volatility Ahead Indian Finance Minister Nirmala Sitharaman announces corporation tax rate cuts and slashed to 22% (effective rate 25.17% including cess and surcharge) and that's the Internation news, […]
Nifty and Bank Nifty Trading at the Upper Extreme Nifty Futures and Bank Nifty Futures are trading in a sideways compression mode for quite some time in Jan 2019 series. Both Nifty Futures and Bank Nifty Futures are trading very close to […]
Nifty September Expiry Begins with Volatility Nifty Futures September expiry kick-started with high volatility. Short term quick flip signals turned positive with immediate supports coming around 11655 levels. Price holding above […]
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 […]
How to Trade Nifty for November Expiry? Nifty is trading around All time high. October Futures is more of one-sided movement with an approximate swing of 500+ points swing. The trading sentiment is holding positive across the […]
Nifty Futures Top Down Approach – FEB 2017 Overview On the daily timeframe consolidation is seen for the last 7 trading sessions. Both Nifty Futures and Bank Nifty Futures are showing an intraday selloff in the first half of the session […]
Thanks Rajandran sir,
I am obliged and grateful for ur gesture of adding up my Blog link at ur esteemed site.
U have been amongst the most helpful seniors since long.
Sincere Thanks and Regards
RV
PS.- I was not able to get through ur site since evening.
Clear flow on charts. Good insight on days action.
Thank You
RAJ,
Pls tell me that, how you have mapped buy/sell signal in the chart(arrow). on what basis this signals generates.
@nagarajan
Those arrows are just manually updated by me using motive wave tool. When the candle moves above the cloud Buy arrow is posted and when the candle moves below the cloud a sell signal is triggered.