Nifty trend

[Capricorn]

The high and low of this down swing so far, 5517 and 5473 . Diff is 144 a Fib no.

Just an observation.

5350 still standing.

 

[Capricorn]

As long as the lower t/l holds we could bounce all the way to the upper...

 

[saivenkat]

Capri bro.. Looking at the final blue candle... that which is having a long tail.. does not it seem to be a long handed Bullish Hammer..
My guess is that it will move up.. and the immediate resistance would be the Top of the previous red candle..:thumb:

PS: How is your health Capri bro.. Hope your are alright now?
Take care

Regards
Saivenkat

 

[Capricorn]

Capri bro.. Looking at the final blue candle... that which is having a long tail.. does not it seem to be a long handed Bullish Hammer..
My guess is that it will move up.. and the immediate resistance would be the Top of the previous red candle..:thumb:

PS: How is your health Capri bro.. Hope your are alright now?
Take care

Regards
Saivenkat

Lets see , we have R @ 5500 - 5520, if 5520 gets taken out primary support moves to 5444 abouts.

Below 5444 its a sell, above it we drift between 5444 and 5630. Bulls take charge above 5630. All conjecture of course.

Lets see what happens.

I am fine mate, just taking things easy for a while . Thanks for asking.

 

[Capricorn]

That rising wedge on the SPX (U.S .) looks ominious.

I don't thonk we are going to preempt them.

 

[Capricorn]

As long as the lower t/l holds we could bounce all the way to the upper...

Unfolding as expected.

Primary support at 5510.

Primary Resistance at 5630.

Trade accordingly.

 

[Vector]

d. ..........

 

[tarun_track4]

Hey, Capricorn, I need your assistance. I am still a Novice and investing in market for about 8 months, I thought i gained some knowledge but today episode was a eye opener.

Initially when i used to buy at a certain price, after a sec price starts to fall and now when i started gaining a lil knowledge, With God Grace, I could buy at a good price but now after a long time I sold some Stocks

Now am here where I had started., I sold some stocks and after a second, the price jumped substantially.
I am failed to understand that how people have so good and in advance knowledge about companies in stock market before anyone else or even before news channel bcos i google out news and refer news channels but I could find news abot my invested stock., Its after that I suffer opportunity loss or profit that i come to know about this happenings, So where am I lacking, What can be done or referred and Charts are that important to decide the buying and selling price cos I dont refer them cos I couldn't successfully execute the Fcharts yet. I did get the right tut to instruct me to do that

Please Reply ,

 

[Capricorn]

Hey, Capricorn, I need your assistance. I am still a Novice and investing in market for about 8 months, I thought i gained some knowledge but today episode was a eye opener.

Initially when i used to buy at a certain price, after a sec price starts to fall and now when i started gaining a lil knowledge, With God Grace, I could buy at a good price but now after a long time I sold some Stocks

Now am here where I had started., I sold some stocks and after a second, the price jumped substantially.
I am failed to understand that how people have so good and in advance knowledge about companies in stock market before anyone else or even before news channel bcos i google out news and refer news channels but I could find news abot my invested stock., Its after that I suffer opportunity loss or profit that i come to know about this happenings, So where am I lacking, What can be done or referred and Charts are that important to decide the buying and selling price cos I dont refer them cos I couldn't successfully execute the Fcharts yet. I did get the right tut to instruct me to do that

Please Reply ,

Probably time to learn some technical s and start referring to charts don't u think.

My trading methodology and charts are posted clearly in this thread. You ask the right questions I 'll be glad to answer to the best of my ability. Rather difficult to comment in general.

Subscribe to an economical charting service to begin with...

 

[tarun_track4]

Thanks a lot Capricorn, I am starting to learn about charts,, to be candid, I always see your charts but could understand a lil bit but what u remarks gives me direction, always, eh. Thanks