BraViSa TempleTree-India Market Calls

[d_s_ramesh]

Trade signals for daily.

INFOSYSTCH: Sell below 2737 with a stop of 2859.30. Add on increments 30.65 points below each entry.

Position on the open long trades.

Daily:
TATASTEEL: 3rd entry filled and holding to 482.75 stop.

Weekly:
BHARTIARTL: Holding with first entry.

ICICIBANK: Holding with first entry, though the stock reached 2nd entry levels, there was no sufficient strength to trigger 2nd fill.

IDEA: Holding with 2nd entry, stock drifted lower, but stop intact at 58.90.

 

[d_s_ramesh]

NIFTY short sell signal cancelled, only long exit below 5383 on Futures.

Market turns tight again. Whipsaws expected.

 

[SwingKing]

NIFTY short sell signal cancelled, only long exit below 5383 on Futures.

Market turns tight again. Whipsaws expected.

Whatever the case may be, Index has entered a zone where whipsaws should not last for long. We are currently at very critical levels in terms of cyclical nature of volatility. Expansion should come along soon. This leg of Index upmove has occurred on Low volatility. Which gives us a fair idea that volatility expansion could occur on the way down (if that is to happen). Second scenario that could play out is that Index could consolidate heavily and would then move out into the expansion zone on the upside.

Cyclical nature of volatility does suggest a move in the downward direction. Let's see what happens.

Tc

 

[d_s_ramesh]

NIFTY continues in the non-trade zone. A close above 5399 or below 5384 is needed for trades to get signalled on either side.

 

[d_s_ramesh]

Thank you, Raunak sir for your comments on this thread.

As you said there is clear weakness on all weekl, daily and hourly charts. Bearishness should set in, we need to keep a close watch on the unfolding moves.

 

[SwingKing]

Thank you, Raunak sir for your comments on this thread.

As you said there is clear weakness on all weekl, daily and hourly charts. Bearishness should set in, we need to keep a close watch on the unfolding moves.

DS,

Adversity breeds opportunity. Your signature should be used by traders here.

The next "Adverse" move which could be on the downside, would bring in amazing "Opportunity" for the prudent trader once the move is over.

Tc.

 

[d_s_ramesh]

Wow! that's fantastic observation by you Ranuakji. Thank you.

 

[d_s_ramesh]

Long trade closed with a loss of 55 points on full exposure. Market turned bearish. Short NIFTY Futures below 5362 with a stop of 5402, add on increments 10 points from each entry.

 

[mayasharma]

how to start with intra day trading.How to identify trades?

 

[d_s_ramesh]

Shorts not trigered. Market turns neutral, wait for signals.