Several key price patterns can serve as alerts to the potential for significant range expansion: 1. NR7 -- the narrowest range of the last 7 days (Toby Crabel introduced this term in his classic book, Day Trading With Short-term Price Patterns and Opening-range Breakout); 2. A cluster of 2 or 3 small daily ranges; 3. The point of a wedge-type pattern (which usually exhibits … [Read more...]
Nifty Trend Levels and Intraday Support for 09-02-2017
Nifty closed 100 points up today. Tommorow Intraday Break down and break up levels are given below: Trend Up 10673.699 Trend Down 10480.001 S2 S1 PP R1 R2 10406.48333 10491.66667 10564.73333 10649.91667 10722.98333 GANN SQUARE OF LEVELS Resistance 1 Resistance 2 Resistance 3 Resistance 4 Resistance … [Read more...]
Nifty Long Term Forecast
Nifty Support lines and ultimate Target on downside 6510 … [Read more...]
Nifty Long Term View
Expecting support at 9500 , minor support at 10241.56. Immediate support 10500 … [Read more...]
Saturn in Capricorn , it effects on Indian Economy and Markets
Saturn entered the sign of Capricorn on December 19th, 2017. Saturn will occupy the sign of Capricorn from December 19, 2017, to March 21, 2020; and then finishes up its transit from July 1 to December 17, 2020. Saturn brings famines, failure of crops, disasters of various sorts and national depression due to political reverses and general want or popular discontent. Its … [Read more...]