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Taking a break from blogging

Wed, 07 Jul 2021 06:23:04 +0200

NIFTY futures fat finger trade today

Mon, 05 Jul 2021 17:35:31 +0200

NIFTY EOD charts

Mon, 05 Jul 2021 16:30:14 +0200

- nifty closed 0.7% in positive at 15834

- AD was 2:1

- swing low support at 15500

The Only Support And Resistance Trading Video You Will Ever Need

Mon, 05 Jul 2021 05:32:06 +0200

NIFTY intraday charts

Fri, 02 Jul 2021 16:53:33 +0200

5 min:

15 min:

NIFTY EOD chart

Fri, 02 Jul 2021 16:48:21 +0200

- nifty trend remains up

- broader market remains sideways

- swing low is around 15500

NIFTY intraday chart

Wed, 30 Jun 2021 14:05:15 +0200

- today nifty closed flat at 1571

- AD was also flat

- banknifty was weak

- today was a nice trending day for price action traders and indicator followers

- here are 2 charts... take your pick

and this one with kplswing indicator

NIFTY intraday chart

Mon, 28 Jun 2021 13:38:06 +0200

- nifty opened gap up but sold off immediately

- intraday fall was not much and support started coming in at lower levels

- this is actually bullish for the markets

- tomorrow, key levels to watch would be 15830 and 15930 F

NIFTY EOD charts

Mon, 28 Jun 2021 13:34:39 +0200

- nifty closed marginally in the red at 15815

- AD was flat

- lot of tussle happening around 16000

- this will be an area of resistance

- support 15500

NIFTY intraday charts

Fri, 25 Jun 2021 14:02:26 +0200

5 min:

NIFTY EOD charts

Fri, 25 Jun 2021 13:57:45 +0200

- trend is up on daily charts

- today nifty closed 0.4% in positive at 15860

- AD was flat....some problem with NSE data/ probably corrupted

- swing low/ support 15500

- resistance 16000

- VIX drops 11%

NIFTY option data shows limited upside next week

Thu, 24 Jun 2021 16:28:51 +0200

- call writing seen at higher levels

NIFTY EOD charts

Thu, 24 Jun 2021 16:26:26 +0200

- nifty closed 0.7% in positive at 15790

- AD was 2:3

- trend remains clearly up

- support 15500

- stiff resistance around 16000

- option data shows limited upside this week

Video: Powerful SUPERTREND Trading Strategy

Wed, 23 Jun 2021 14:00:10 +0200

NIFTY EOD charts

Wed, 23 Jun 2021 13:57:32 +0200

- trend is up on daily charts

- today nifty closed 0.5% in negative at 15867

- AD was 1:2

- some loss of momentum seen

- after the big green candle of 21-JUN, markets should have moved faster up.

- this has not happened.

- in fact, we are seeing selling for past 2 days

- support 15500

NIFTY EOD charts

Mon, 21 Jun 2021 13:42:09 +0200

- nifty opened gap down around 15500 and closed 0.4% in positive at 15746

- price action of last 2 days shows tremendous support around 15500

- this level can now be considered as a good swing low

- trend remains firmly up.

NIFTY weekly charts

Mon, 21 Jun 2021 03:51:32 +0200

- 2 small hanging man candlesticks seen

- weakness possible below 15450

NIFTY EOD charts

Fri, 18 Jun 2021 14:35:21 +0200

- nifty closed flat at 15683

- AD was 1:2

- intraday volatility was huge with a fall of 250 points followed by similar recovery

- markets reversed from 15400-15500 levels

- this was FEB 2021 peak and is now an important support

NIFTY intraday charts

Fri, 18 Jun 2021 13:44:40 +0200

- today nifty closed flat at 15683 spot

- AD was 1:2

- hidden inside this flat day was a fall of 250 points and a recovery

- here is what happened

- open was a red bar near prev day high

- there were multiple sell signals at 15700 F and 15625 F

- these are marked as arrows

- buy signal was on close above 15600 F

Intraday action is more clear on 3 min charts

- Hourly charts show why markets took support at 15450 spot

- this level was incidentally the top in FEB 2021

NIFTY intraday charts

Thu, 17 Jun 2021 13:14:50 +0200

- despite a gap down opening, nifty recovered smartly and rallied

- resistance was at previous day low 15770 F

- this was an area of a safe short trade

- another short trade was at 2nd arrow

- cover on trailing

- net close was 0.5% in negative at 15691 spot

- note support at 15500-15600 spot

- AD was 1:2

Hourly chart: