BANK NIFTYImportant levels for 15/09/2022.
As stated yesterday, the first 15 mins are crucial and what a rally we witnessed.
For tomorrow, once we sustain below 41330, we can look to short for initial targets of 41100 and finally the buyer reference zone of 40794-40904. SL will be of 80-100 points and trailed accordingly.
For longs, we can wait as we have ATH around 120 points from today's high and we do not see a good RR.
Orderflowtrading
NIFTYImportant Levels for 04/08/2022.
2 beautiful trades for today, we captured the fall and then the longs, overall a wonderful day.
17500 and 17250 will be levels to watch out tomorrow, any break on either side can give good momentum.
Tomorrow, if we see a flat open, I personally wont recommend shorts immediately as there was a strong buying volume in 17335-17360 zone and a massive cluster above 17388, so these levels will definitely act as support. So longs can be taken above 17440 for 17500 as targets with SL of 17410.
In case of a gap up, will wait and watch for price reaction at 17500 levels before initiating any trades.
In case of a gap down, will look to buy at marked support areas with 20 point SL for targets of 17440 and 17500.
PROFECY FULLFILLED.Called this target two weeks ago and now we finally arrive and turn. Nas is now on a minor bull run. we could see a deep retracement into the 14651 region. but we will have to confirm that as the trend unfolds. im still a long term bear on this one but because of how we trade, we make the most of every session. long term or short term. i will post a clear bias on the daily or 4h timeframe.
SPX500 likely to FALL!Hey tradomaniacs,
recent action in the orderbook has shown a stop-hunt right above the key-resistance-level as one aggressive buyer has pushed price up into a roof of limit-orders whose got reloaded.
So far I expect the market to fall as the entire sentiment is pretty bearish.. only the key-support-zone (Weekly) is the reason for a run up as it is so significant to hold in order to to prevent a new and strong sell-off.
However, market-depth clearly showing signs of a another move down within the range, but be carefull with volatility!
What do you think?
US30 POTENTIAL BUY Price ha the potential for the upside upon the retest of the fresh level of demand , wait for lower timeframe bullish price action to confirm the move.
US30 POTENTIAL BUYSPrice has a potential for the upside at the retest of the two buy zones, especially the buy zone below the top one, which has not been tested yet.Wait for a lower timeframe bullish price action to confirm the moves.
POTENTIAL BUY ON US100Price has potential for the upside upon the retest of the demand zone.Wait for lower timeframe bullish price action to confirm the move.