INDEX SUMMARY
-SGX NIFTY IS SHOWING A 20 POINT NEGATIVE START
-YESTERDAY MARKET TESTED THE NEW EMERGING TRENDLINE AND BOUNCED BACK HARD
-IT JUST VALIDATED OUR TRENDLINE AS MORE REVERSAL FROM THE TRENDLINE THE STRONGER THE TREND
-INDEX CAPTURED ITS CRUCIAL LEVELS OF 11815 AND 11855 AGAIN YESTERDAY
-I HAVE POINTED THIS OUT QUIET A FEW TIMES THAT WHENEVER CLOSES ABOVE 11850 IT USUALLY CROSSES ABOVE 11980-12000
-YESTERDAY HEAVY DISCOUNT IN PREMIUM FUTURES WAS BROUGHT BY THE MARKET
-NIFTY YESTERDAY MANAGED TO BOUNCE BACK FROM THE LOWS TO AND ABSORB THE SELLING PRESSURE
-NOW CRUCIAL SUPPORT COMES IN @11785
-CRUCIAL RESISTANCE COMES IN @11948
-SUPPORT ZONE COMES IN @111585-11625
-INDEX YESTERDAY GAVE US GOOD 30 POINTS ON OUR DASH TRADE
-DASH LEVELS ARE AVAILABLE
-WAIT AND WATCH APPROACH
SCALP TRADE WITH DASH LEVELS
BULL SCENARIO
-IF MARKET CROSSES ABOVE 11915
NIFTY FUTURES TRADE
BUY@11916
STOP@11890
TARGET@11946
QTY=300
-IF INDEX CROSSES BELOW 11785
NIFTY FUTURES TRADE
SHORT@11784
STOP@11816
TARGET@11724
QTY=300
RESISTANCE FOR THE DAY (FUT)
11915-11855-11815
SUPPORT FOR THE DAY (FUT)
11785-11815-11855
SCREENSHOT
!!PLEASE NOTE THE ABOVE INFORMATION IS FOR KNOWLEDGE ONLY!!
!!TRADE ACCORDING TO YOUR RISK PROFILE!!
!!HAPPY TRADING!!
!!PLEASE LEAVE LIKE!!
!!FEEL FREE TO CLEAR DOUBT IN THE COMMENT SECTION!!
-SGX NIFTY IS SHOWING A 20 POINT NEGATIVE START
-YESTERDAY MARKET TESTED THE NEW EMERGING TRENDLINE AND BOUNCED BACK HARD
-IT JUST VALIDATED OUR TRENDLINE AS MORE REVERSAL FROM THE TRENDLINE THE STRONGER THE TREND
-INDEX CAPTURED ITS CRUCIAL LEVELS OF 11815 AND 11855 AGAIN YESTERDAY
-I HAVE POINTED THIS OUT QUIET A FEW TIMES THAT WHENEVER CLOSES ABOVE 11850 IT USUALLY CROSSES ABOVE 11980-12000
-YESTERDAY HEAVY DISCOUNT IN PREMIUM FUTURES WAS BROUGHT BY THE MARKET
-NIFTY YESTERDAY MANAGED TO BOUNCE BACK FROM THE LOWS TO AND ABSORB THE SELLING PRESSURE
-NOW CRUCIAL SUPPORT COMES IN @11785
-CRUCIAL RESISTANCE COMES IN @11948
-SUPPORT ZONE COMES IN @111585-11625
-INDEX YESTERDAY GAVE US GOOD 30 POINTS ON OUR DASH TRADE
-DASH LEVELS ARE AVAILABLE
-WAIT AND WATCH APPROACH
SCALP TRADE WITH DASH LEVELS
BULL SCENARIO
-IF MARKET CROSSES ABOVE 11915
NIFTY FUTURES TRADE
BUY@11916
STOP@11890
TARGET@11946
QTY=300
-IF INDEX CROSSES BELOW 11785
NIFTY FUTURES TRADE
SHORT@11784
STOP@11816
TARGET@11724
QTY=300
RESISTANCE FOR THE DAY (FUT)
11915-11855-11815
SUPPORT FOR THE DAY (FUT)
11785-11815-11855
SCREENSHOT
!!PLEASE NOTE THE ABOVE INFORMATION IS FOR KNOWLEDGE ONLY!!
!!TRADE ACCORDING TO YOUR RISK PROFILE!!
!!HAPPY TRADING!!
!!PLEASE LEAVE LIKE!!
!!FEEL FREE TO CLEAR DOUBT IN THE COMMENT SECTION!!
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*option trading (buying)
*index trading (options and futures)
*index update and oi analysis
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