FRIDAY NIFTY ANALYSIS & ITS EFFECT ON MONDAY SEE HOW?

COMPARING OF NIFTY SATURDAY ANALYSIS WITH TODAY MOVEMENT
1. IF YOU REMEMBER ON FRIDAY'S POST WHICH WAS WEEKLY ANALYSIS, I SHARED BEARS ARE GOING TO BE TRAPED. IN FIG I SHARED A WHITE SOLID SUPPORT LINE AS ENTRY POINT. SEE TOADAY'S CANDLE ,IT TOUCHED EXACT SAME SUPPORT CIRCLED IN YELLOW . I WAS EXPECTING THIS POINT TO COVER IN 1 TO 2 DAYS. BUT IT COVERED VERY FAST. SINCE THIS IS ENTRY POINT IT DOES NOT MEAN AS SOON AS IT TOUCHES WE JUMP INTO BUYING. HERE TOMMOROW SEE AN ENTRY SETUP ON 60 MIN CHART. I SHOWED YOU 1 HR CHART FOR TRADE SEE AGAIN WHERE I ENDED STRUCTURE MOVE TODAY MOVE ENDED EXACTLY SAME.
2. A DOTTED LINE IS MADE AS FIRST RESISTANCE IF IN ANY CONDITION EITHER GAP UP OR WHILE TRADING THIS LINE IS TAKEN OUT, NOT BREACHED THEN LONG MOVE WILL BE CONFRIMED. I YOU FIND ANY BUYING SETUP IN LOWER TIME FRAME THEN BOOK YOUR LONG AT THIS RESISTANCE.
3. I FEEL NIFTY WILL SPEND 1 TO TWO DAYS BETWEEN SOLID WHITE AND DOTTED WHITE RANGE.
4. IN ANY CASE SOLID SUPPORT WHITE LINE IS BREACHED AND PRICE DO NOT COME BACK IN 15 TO 30 MINS THEN LONG SENTIMENTS WILL CHANGE TO SHORTS. PERHAPS TOMMOROW WILL BE RANGE BOUND TO SLIGHTLY BULLISH DAY. REST MARKET WILL DECIDE.

YOGESH VATS
Chart PatternsNIFTYnifty50nifty50_price_targetsniftyanalysisniftyfuturesniftyindianiftyoutlookniftypredictionniftyviewTrend AnalysisWave Analysis

Pernyataan Penyangkalan