Nifty Stance Bearish 🐻 If you look at the last two reversal signals, they ended up eating away our profits. Consecutive stop loss hits can wipe out a sizeable chunk of your trade money, and the best solution is to have a trend later. The recent bearish crossover occurred at 11:23 on July 10th, and…
Another short signal.. The last two signals ended up in stop-losses… Hope to get a trend this week. Read my latest book — How to join the top 1% options traders club from Amazon Start your investment journey with me. Visit https://invest.viswaram.com/
$NIFTY short signal triggered. Profit from the last leg = 614pts. Let us hope this is not a false break.
The last positional order ended in a loss of 134pts. Current stance is bullish, see green marker. https://in.tradingview.com/chart/0oypWTgo/ would be glad if 25500 is taken out this series.
SEBI’s new business plan seems like the story of Kalidasa who tried to cut the branch of the tree on which he was sitting. The segment making the most money for the regulator is at the risk of facing the axe i.e. futures and options (FnO). A government entity trying to help retailers save money…
Candlesticks are the price behavior for the time allotted. If you select a 4-minute time frame, each candle will carry a time value of 4mts. If the candle closes above the previous close, then it is a green candle. If it closes lower, it will be a red candle. Each candle shows the psychology of…
After yesterday’s rally, today we had a consolidation which can be taken positively. But the real test comes tomorrow as today’s stock action in US markets will show its true color (red mostly) on wednesday 28th Dec. This is largely because we had an unexpected 2.3% spike yesterday and major markets were on holiday And…
BN opened at 37660 and made a strong red 1st candle, i personally thought we will have a down day, and i held that belief till 10.15 when the first resistance got taken out. I started the day with selling CE options, but when i saw this counter move i squared off CE side and…
When the S&P does a relief rally for one day, our bank nifty thinks its a reversal and shoots up. Look at what happened today, BN opened gap up at 41304 up 400+ pts and then takes out the resistance in the first candle itself. Look at the strength today, the resistance level was never…
The handout from US markets were very weak, S&P500 falling 4.3% overnight. And as expected bank nifty was supposed to start gap down and further break down. Contrary to the expectations, this is what happened — BN opened gap down 565pts at 40308 and made a mega rally to close at all time highs. Within the first…
