Today We will discuss some different topic. We need to discuss not only how to trade but also when not to trade. Today's writing will help to interpret blogs trading style & better understandings.
First we talk about Advance Market Prediction Nov 2013. When you look at calendar there are four color combination there. The red color shows Selling or Profit booking in Nifty (More then -0.50%). The Off white color shows Range bound trading in Market (Between +0.50% to -0.50%). The Green color shows Buying in Market (More then +0.50%).
If we look at calendar from 5'th Nov to 8'th Nov shows red color means Each day Nifty (market) closes down more than -0.50%.
On 6'th Nov market traded in red and Nifty closed 40 points down.
On 7'th Nov market traded in red and Nifty closed 30 points down.
On 8'th Nov market traded in red and Nifty closed 50 points down.
Now about of NIFTY INTRADAY SCIENTIFIC CHARTS
Due to Diwali Our viewer were not fortunate to take advantage of our 5'th & 6th Nov because it was not published publicly. However i sent this graphs to my some of the friend on there personal E-mail ids on there request. They took benefit of it and made full of profit from it.
On 7'th Nov our chart showed positive trend till 12:20 and afterwards profit booking & negative closing for day. Nifty risen from 6258 to 6342 (till 12:20 clock) level and from their closed 6226 level. Now Trader should think till 12:20 it positive trend & buy nifty from morning & from 12:20 it falls one way & calendar shows negative closing of -0.50% now nothing to think sell from 12:30 onwards. Traders should interpret chart this way & making profits.
On 8'th Nov our chart showed total negative trend till 3:30. Nifty opened gap down & never recovered to make a new high. open was the only high of day. Nifty lost 46 points at 6182 by -0.80%. We updated blog & group to cut short around 6170 levels (6165 level was a low of day). All my readers are also requested to read my market mantra commentary also to understand chart also. Don't follow chart blindly.
We always give you trend before market open without hiding our selves in IF'S & But's. We always have a chance to come wrong because we show every minute of price in advance. Just follow trend & if you don't find trend according to chart then avoid.
Thanks & Regards
Nishant Jani
No comments:
Post a Comment