NIFTY50 Daily timeframe analysis

NIFTY50 Daily timeframe analysis

• All Time Swing High Swept
  
• Recent 3 candles down side move is impulsive and it has closed below 21 EMA.
  
• If trend-line and fib 0.618 level break and close below then it is possible to see all below target.
  
• Sell : 19530 with SL: 19655
  
• Targets:
  
• T1: 19225
  
• T2: 19020
  
• T3: 18750
  
• T4: 18510
  

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Thats why always stay with trend.

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It has created blood bath in BN n FIN nifty also.

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25 Oct 2013

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Major Bank Nifty stock move in intraday

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Index Options :

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Stay with trend my friends

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Not a single green candle closed
above high of prev candle.
Which indicates strong Down trend.
Therefore whenever you get opportunity
on against the trend plan scalp trade only .

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Trade aktif:

T1 T2 hit in a row.. Now its patience time.