Niftyshort
NIFTY IMPORTANT UPDATEHi Friends,
As I am warning from three weeks, that NIFTY is changing from UPTREND to DOWN TREND.
now I confirm the change in trend (well still NIFTY did not made new lower lows as on 21.09.2020 time 8pm).
Remember it is 11 year BULL market and longest bull run in history.
If you want to know what is the second longest bull market, it is happen before great depression in 1929.
So, the odds of repeating the same type of crash ( GREAT DEPRESSION ) is HIGHER now.
last week update, i mentioned that " running out of the door still it is open -- will be better understood after HUGE hit ".
Finally what I want to say is this
Changing from option 3 to option 4 which is SELLING OPPORTUNITY
Your Humble trader
KIRAN
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The five conditions I watch regularly are.
1. BUYing opportunity
2. BUY hold
3.Wait for trend confirmation
4. SELLing opportunity
5. SELL hold.
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NIFTY COMMENTARY by Kiran WEEK 2Hello friends,
Last week I started the commentary with five conditions, they are listed below.
1. BUYing opportunity
2. BUY hold
3.Wait for trend confirmation
4. SELLing opportunity
5. SELL hold.
We might be in the middle of trend reversal.
So, here both bulls and bears should take care.
If NIFTY cannot able to close above the red trend line then it signals the correction is underway. It will be confirmed this week.
Any dare people can short the NIFTY at red line which can act as resistance line.
my view about the NIFTY
3.Wait for trend confirmation
When it will confirm the down trend?
Simple, new lower low will confirm it. it is now at 11150-11300 range and not able to go above 11500 -11600 range.
Thats it
Have a nice weekend. SEE YOU NEXT WEEK.
Your humble trader,
Kiran
NIFTY BEARISH BAT (SHORT) !!! SEE WHERE NIFTY IS NOW .... ?
YEAH NIFTY MADE THIS FAR..(GREAT JOB) >>> I ALREADY POSTED A CHART ON THIS AT JUNE 9/2020 >>> SEE MY OLD POST INCASE YOU WANT TO LOL !!!
OK I AM EXPECTING GOOD REVERSAL FROM THE PRZ (PRIZE REVERSAL ZONE ) REDBOX IN THE CHART.... EXPECTING A 1000 POINTS DOWN ( OMG ) !!!
!!! JUST FOR STUDY PURPOSE !!!
NIFTY BEARISH AS LONG AS BELOW 9132NIFTY SPOT 8879
RSI helps catch reversals with it's divergence obviously, but as per my observations.
It also expands the zones, like from overbought to more overbought, oversold to ... (You know it now what I'm talking about ;) )
Yes, I'm bearish as long as NIFTY is below the 9132 level on closing basis.
TGT around 8376 level.
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Keep learning!
#BuleChipsTeam
Nifty Intraday Trade setup for 22 April 2020Good Morning everyone,
Yesterday We has seen a major dump in Nifty Index. Total correction is 280 points in Intraday. Sentiment is negative as per we yesterday Negative but as I always said that everyday is different then others in Intraday so do not come on next day on previous day sentiment...
Key Factor
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SGX is almost 71 Points down atm.
Dow close lower then 631 points from previous day .
Let's see how our market will be react today on the above Scenario
Nifty Key Resistance is 9150 and support is on 8700.
Trade setup
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A -Buy Level
Build a long position if price sustain above 9050
B- Sell Level
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Sell if price break 8800 Level
Note : Wait for first 30 minute to get the Index settle. These Levels are based on previous data and can destroy on Huge Gap up or gap down so wait first 30 minute and observe the Index move. Will update More in live market...
Good Luck and Happy trading
NIFTY 50 INDEX (NIFTY) MonthlyDates in the future with the greatest probability for a price high or price low.
The Djinn Predictive Indicators are simple mathematical equations. Once an equation is given to Siri the algorithm provides the future price swing date. Djinn Indicators work on all charts, for any asset category and in all time frames. Occasionally a Djinn Predictive Indicator will miss its prediction date by one candlestick. If multiple Djinn prediction dates are missed and are plowed through by same color Henikin Ashi candles the asset is being "reset". The "reset" is complete when Henikin Ashi candles are back in sync with Djinn price high or low prediction dates.
One way the Djinn Indicator is used to enter and exit trades:
For best results trade in the direction of the trend.
The Linear Regression channel is used to determine trend direction. The Linear Regression is set at 2 -2 30.
When a green Henikin Ashi candle intersects with the linear regression upper deviation line (green line) and both indicators intersect with a Djinn prediction date a sell is triggered.
When a red Henikin Ashi candle intersects with the linear regression lower deviation line (red line) and both indicators intersect with a Djinn prediction date a buy is triggered.
This trading strategy works on daily, weekly and Monthly Djinn Predictive charts.
This is not trading advice. Trade at your own risk.
Nifty Intraday Trade setup for 24th March 2020Hello all ,
Sgx nifty is trading more then 300 point in the morning,so there is lot of chances to see a gap opening today. so what is our trade setup in Intraday. Price has rejected 7853 levels multiple time in last 2 trading sessions and failed to sustain above . We will go for a buy above 7870. In case price failed to sustain above then our short Position can build on 7700 .
Nifty Mid Term Idea for March MonthHello Everyone,
First happy Holi to all of you... We had seen a massive blood bath from couple of weeks and main question is when it will gonna to stop and where is the bottom of index, Well Index is currently trading on 10450 . Remember this is the weekly support and the harmonic prz area but Trend is always been strong then any support and any from the any pattern . Trend is not gonna to reverse until we did not seen a consolidation phase. Keep an eye on 10k level if its break then we will see 9400 . next couple of weeks is so Important to watch . Investors and swing traders keep patience you guys will get a great opportunity in buy side but let the sustain index at first .
Regards
Virendra
Nifty Intraday Trade Setup for 25th February 2020Hello all ,
corona virus Threat is being worst day by day and it's affecting wold economy. Intraday Trades must be alert in the buy side . Our Harmonic PRZ is on 11684 so index has lot of space in down side . There is 2 sell range
1- 11800
2- If Index shows any up move at first half and reach 11900-11925 then sell from top