Strategy, if 10000 Support doesn’t hold on

Greetings !

Today, Nifty had completed AB (10490 to 10094) =CD (10409 to 10033) Pattern.

This post is all about Index Trading (Nifty December Futures 10150 & BankNIFTY 25220, likewise) buy Position which is currently Open, with 10000 Spot Index Closing basis Stop-Loss, however SL Exit is subject to confirmation.

Reminder: For us BankNifty does not have individual standing rather follower of Nifty.

Secondly, the main objective of this post is to highlight / explain that,Read More »

Nifty TGT New Closing High (possibly 10700 & 10900)

Greetings !

 

Theory of Analysis & Trading Conclusion: 

Trading Markets entitled every single Individual to draw their own conclusion.

For Example: In rare case only, two different Technical Analysts would draw same conclusion by seeing one set of price action (chart reading).

In a nutshell, we can safely assume that Stock Market comprises People who represents many approach, thoughts, attitude and therefore, react in different fashion for same news, development. Resulting in price fluctuation / volatility.

In shorts, alignment of thoughts is a bigger challenge for an advisory then generating (analysing and selecting best possible) trading positions for it’s Clients.Read More »

Nifty Index Trading Range 10200 To 10500

Greetings !

 

Important Dates

First & Foremost: 19 OCTOBER 2017 (Diwali Muhurat Trading 2017)

Second: 26 OCTOBER 2017 (October Expiry Day)

Third: 6 November 2017 (Nifty made Fresh all time high at 10490.45)

 

Now, it is time to understand the following Images,

On 31st OCTOBER 2017 (after market hours), ROCKET paid clients were informed that Nifty has 10500 level as Strong Resistance.Read More »