Nifty is doing nothing in past few trading sessions and is slowly and slowly grinding upwards with a positive bias. Support is at 20 DMA which is at 5411 Levels break below that we can see downward bias on Nifty.VIX has closed at all time low and Bollinger Band has contracted almost 70%.Hence we can… Read More »
Nifty made a new 52 Week High @5329.55 levels but bulls were unable to sustain at higher levels. Last Week we saw Bulls facing resistance at 5330 levels and than reversing from that now 5330 if not crossed now will become double top and can be a bearish sign. For authentic breakout of this upward… Read More »
Nifty Weekly Technical view is present as below: 1. Market are showing good strength and trading well above 5 EMA. 2. RSI is showing negative divergence 3.Nifty is very near to its 52 week high of 5311 and facing quite a high resistance at 5290 4.Nifty is moving in a channel and will find support… Read More »
Nifty managed to show some good up move today after 6 days of consolidation pattern.Now if we count the waves we come to following conclusion when we see the above Chart a leg = 5092 to 5137 = 45 points b leg = 5137 to 5096 = 41 points c leg = 5096 to 5158… Read More »
Daylight Saving Time begins today , On Sunday, March 14, 2010 at 2 a.m., Daylight Saving Time begins in the United States.The phrase “Spring forward, Fall back” is best and it will help people understand that during spring the keep the clock one hour ahead and in fall they keep the clock 1 hour back… Read More »
Hi All, Today i will explain one more Trading System which is known as CAMARILLA Pivot Point which will come Handy for Day Trading Purpose. Origins of the Camarilla Equation: Discovered while day trading in 1989 by Nick Stott, a successful bond trader in the financial markets, which uses a truism of nature to define… Read More »
Bramesh’s Tech present Pivot Point Calculator 4 System at one Place http://pivotpointscalculator.blogspot.com/ Use this Site for Getting the Pivots Levels Which will be useful for Your trading for 4 System. a) Pivot Pointsb) Camarilla Pivot Pointsc) Woodie’s Pivotd) DeMark’s Pivot Points Will Be providing Detail Write Up on all 4 remaining System in coming weeks
Resistance level for today is 1128.40. Yesterday’s close was at 1118.79, so the S&P 500 is now only 9.61 points away from that formidable resistance. As a percentage move, it is 0.86% away.
Hi All, I am sharing with you a Nifty Intra day trading strategy which many trader follows in Intra day,Before sharing this i will let you know that this is one of the million trading set up and has it own pros and cons. Strategy Go long in Nifty once 3 EMA> 13 EMA>34 EMA… Read More »