General Trading Chat

sir, are we in visual downtrend or visual sideways or just minor downtrend?
For swing ,we are in uptrend....for intraday we are in visual uptrend but we get smaller degree visual downtrend also within this uptrend. There is a possibility of developing visual sideways trading range also (7410-7495) .

ST
 

vivektrader

In persuit of financial independence.


Vivek bro
this is my understanding of today's short trade
thanks
Probably you and st sir are on same page on this one, my question is the first breakdown of vpl failed, so isn't it difficult to again short it at that level. Wouldn't it appear as sideways in live market.
Thanks
 
For swing ,we are in uptrend....for intraday we are in visual uptrend but we get smaller degree visual downtrend also within this uptrend. There is a possibility of developing visual sideways trading range also (7410-7495) .

ST
St Da
thanks for all useful posts that you share time to time..
what do you mean by smaller degree visual downtrend..
In 5 min nifty chart, we are making Lower VISUAL HIGH & Lower visual low..
todays low..at 2:25 candel, we make another lower Vpl...so visual trend is down..& the rally we get at closing..so at closing we are in minor sideways..if tommorow in opening, we break todays 3:05 candel high, we will be in minor uptrend in Visual downtrend...or after opening, WE MAKE LOWER MPH, Thn today's 3:05 high become Vph ...
if tommorrow we break that New VPH, then we will be in visual sideways..is my understanding correct?i just want to clear & learn..
Thanks
 

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