BraViSa TempleTree-India Market Calls
- Thread starter d_s_ramesh
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Market is conquering resistance after resistance with ease. The next stop will be at 5250 which it is already closing as we write this post. From there the next level is 5290, it is quite a distance. Closing here today will give 4 continuous days of up close for the NIFTY. There is a possibility of slow down, a retracement. MACD lines on the hourly chart is moving up with every hour conquering new peaks. A New High on the Index may be a calling now.
It is a probability, we feel sad that the swing traders were left out in this brilliant rally, it was unfortunate for them, may be they should join partly with trending positions too. All these are our suggestions, traders please take your decision keeping in mind your risk appetite and capital positions.
At peak levels our trend position has given 210 points gain. Value zone is now at 5185-5147.
It is a probability, we feel sad that the swing traders were left out in this brilliant rally, it was unfortunate for them, may be they should join partly with trending positions too. All these are our suggestions, traders please take your decision keeping in mind your risk appetite and capital positions.
At peak levels our trend position has given 210 points gain. Value zone is now at 5185-5147.
It is going to be one more day of distributing sweets, for the Trend following traders on the markets today. NIFTY is likely to take off next resistance of 5290 as a smooth sail. The force with which NIFTY is forging ahead, there seems to be a possibility of a new high on the index shortly.
Once 5290 is taken, the next strong resistance and congestion zone lies at 5325-5235 levels and the next is the recent top. NIFTY has taken 5 trading sessions to cover a distance of 250+ points, the uphill ride always takes time, but this seems to have been made soon.
MACD lines have made a multi month high, and is increasing with every incoming hour, this shows that there is going to be some stunning performance of the NIFTY on the cards. And it will be a shower hot money on the way to the hill top. Trader friends enjoy the ride and along the relish some goodies too. When it pour it pours cats and dogs, catch as much as you can.
It is going to be a broad based rally on the markets, BASIC MATERIALS, INDUSTRIAL and ENERGY to take lead closely followed by the TECHNOLOGY stocks which are running hot for the past few sessions.
Once 5290 is taken, the next strong resistance and congestion zone lies at 5325-5235 levels and the next is the recent top. NIFTY has taken 5 trading sessions to cover a distance of 250+ points, the uphill ride always takes time, but this seems to have been made soon.
MACD lines have made a multi month high, and is increasing with every incoming hour, this shows that there is going to be some stunning performance of the NIFTY on the cards. And it will be a shower hot money on the way to the hill top. Trader friends enjoy the ride and along the relish some goodies too. When it pour it pours cats and dogs, catch as much as you can.
It is going to be a broad based rally on the markets, BASIC MATERIALS, INDUSTRIAL and ENERGY to take lead closely followed by the TECHNOLOGY stocks which are running hot for the past few sessions.
Market opened up mirroring Global cues, but did not show strength. NIFTY is hovering at the high levels, it shows signs of caught in between the bulls and bears. Though the bear power at the moment is negligible, they are quite making their presence visible often.
MACD lines the strongest trending indicator is super strong today with another new high on the Index, what is making the market not to move up here?
While MACD lines are rising higherand higher, its little brother MACD Histogram is hunching down, this very clearly shows the fight right inside the ring. It is amazing what these indicators reflect. Hats off Gerald Appel, your genious show in every where all over the Financial markets. Those who are puzzled on who is Gerald Appel, he is the inventor of MACD. A great gift to the trading community.
5290 seems a little long distance for the tired NIFTY bulls, but the underlying strength shos that they gear up and come back with vengence to conquer 5290. Lets see ig swing traders get any chance to hopin with us on our jolly ride.
Trend followers rejoice, your value zone has move up to 5159-5197, which means a lock of close to 125 points profit. Wow! isn't is wondeful. Keep holding guys, trend following pays it in bulk loads when it is making merry. Lets have fun.
MACD lines the strongest trending indicator is super strong today with another new high on the Index, what is making the market not to move up here?
While MACD lines are rising higherand higher, its little brother MACD Histogram is hunching down, this very clearly shows the fight right inside the ring. It is amazing what these indicators reflect. Hats off Gerald Appel, your genious show in every where all over the Financial markets. Those who are puzzled on who is Gerald Appel, he is the inventor of MACD. A great gift to the trading community.
5290 seems a little long distance for the tired NIFTY bulls, but the underlying strength shos that they gear up and come back with vengence to conquer 5290. Lets see ig swing traders get any chance to hopin with us on our jolly ride.
Trend followers rejoice, your value zone has move up to 5159-5197, which means a lock of close to 125 points profit. Wow! isn't is wondeful. Keep holding guys, trend following pays it in bulk loads when it is making merry. Lets have fun.
MACD & price on NIFTY ticks down
Value zone moves up to 5202-5164. MACD Histogram shows that bulls are shying away from the market at present, though bear presence is negligible bulls are not willing to commit fresh exposures. Any small negative sentiment will have its impact here. Trend follower have a close watch, swing traders await long trades, in fact we are directional about the next trade. Either we have a position if market moves into value zone.
Value zone moves up to 5202-5164. MACD Histogram shows that bulls are shying away from the market at present, though bear presence is negligible bulls are not willing to commit fresh exposures. Any small negative sentiment will have its impact here. Trend follower have a close watch, swing traders await long trades, in fact we are directional about the next trade. Either we have a position if market moves into value zone.
NIFTY pulls up again without reaching value zone. Value zone moves up to 5209-5169, NIFTY does not seems to be relenting from its bullish power, though bulls are hesitant to get in on a strong strength. Macd histogram closing in towards zero line shows bulls pulling out in a massive strength.
Trend followers hold on to your long positions till the market gives confirmed weakness, these types of markets prolong into a shallow but advancing moves. As much as it wishes to rewards, why be reluctant to take it? Patience pays, please hold on longs.
Trend followers hold on to your long positions till the market gives confirmed weakness, these types of markets prolong into a shallow but advancing moves. As much as it wishes to rewards, why be reluctant to take it? Patience pays, please hold on longs.
NIFTY Bull breaks its back
MACD histogram on the hourly chart goes down below zero. NIFTY bull breaks its back, now next run will the last effort from this tired bull to surge ahead. A trend change is around the corners or at least a rest at the value zone for some bars. Value zone at 1.00 pm today is at 5211-5174, the slow pace with which the market is moving will get exits close to the value zone realizing maximum profits from the open long position. Unless there is some severe adverse news that affects the markets at this juncture, there will smooth exits.
Swing traders get a chance here to enter long, with bulls steamed out the next run might not give good gains, but if the market is trending then it is likely that the reversal would benefit. These are probabilities while we strictly follow our trading system with discipline.
MACD histogram on the hourly chart goes down below zero. NIFTY bull breaks its back, now next run will the last effort from this tired bull to surge ahead. A trend change is around the corners or at least a rest at the value zone for some bars. Value zone at 1.00 pm today is at 5211-5174, the slow pace with which the market is moving will get exits close to the value zone realizing maximum profits from the open long position. Unless there is some severe adverse news that affects the markets at this juncture, there will smooth exits.
Swing traders get a chance here to enter long, with bulls steamed out the next run might not give good gains, but if the market is trending then it is likely that the reversal would benefit. These are probabilities while we strictly follow our trading system with discipline.
Low of NIFTY future being 5211 kisses values briefly and is surging ahead. In case there is a strong move in the prevailing hour, instead of missing out entry, place long entry stop orders above 5242.75 Futures with a stop of 5195.
If the trade is not getting filled at the close of this hour, we need to modify entry later.
If the trade is not getting filled at the close of this hour, we need to modify entry later.
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