NIFTY 50 future TRENDS

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Nifty rallied from 4770 to 5340 nearly 600 point rally ... Market move up and down many reasons can be attributed to it.
Logically and technically also Nifty unable to move above 5340 Level ..this become a Resistance area in other words demand dried out and supply sett in...
so the supply dragged nifty down to 5217 .. some demand emerged at that level
let us wait and see the fallow up buying come in or Supply succeeds the Demand
If any one look at the chart with calm mind without any prejudices can clearly see the levels to trade ..
Do not let any out side sources/Info's influence your trade..
Have nice evening and tomorrow be fresh to trade
Sir You r saying abt Charts... What Charts to see and in what platform...if one is a offline trader...
 
What kind of a trader you are? Index/F&O/cash... positional ... Long term or Day trader..!!
For a Day trader it is so very important to have every relevant data's of EOD and be prepared for the next day trade with Live daily chart on a trading day is most appropriate.
Positional take 20 Day Moving average price as base (Have to calculate manually) or Trend reversal play your trade accordingly.(Off line traders)
Long term 70% fallow the Fundamental results, growth, EPS and Identify winning sectors according to related economy situation of our country Time frame minimum 1 to 2 years 30% create your own graph of Price moment Learn Points and Figure chart will help you identify approximately where the price is peeking out and bottoming out
When we where in Inter Net Yuga why to break our head ...
 
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What kind of a trader you are? Index/F&O/cash... positional ... Long term or Day trader..!!
For a Day trader it is so very important to have every relevant data's of EOD and be prepared for the next day trade with Live daily chart on a trading day is most appropriate.
Positional take 20 Day Moving average price as base (Have to calculate manually) or Trend reversal play your trade accordingly.(Off line traders)
Long term 70% fallow the Fundamental results, growth, EPS and Identify winning sectors according to related economy situation of our country Time frame minimum 1 to 2 years 30% create your own graph of Price moment Learn Points and Figure chart will help you identify approximately where the price is peeking out and bottoming out
When we where in Inter Net Yuga why to break our head ...
P&F chart is my all time favorite
 
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