Nifty Sentiment for November 12 2021

Güncellendi

Overall Trend will be DOWN with slight UP bias 9:31 to-10:19 and 11:30-12:39
Strong Down 14:43 to 15:02
UP 15:03-15:30
Important timings : 11:11,11:28,13:17,13:37,15:06-15:10


For Trading use weekly levels NOV 8-12

Buy Above 17984.71 Buy Targets 18096.64 18207.96 18297.94 18387.91 18516.00 18593.78 18859.12 19150.38
Sell Below 17848.69 Sell Targets 17736.76 17625.44 17535.46 17445.49 17317.40 17239.62 16974.28 16683.02
Imagine these as ladder ...Support at any level is BUY and Resistance is SELL.

Not
Please ignore the timings above and use the sheet for Sentiment:

docs.google.com/spreadsheets/d/1VX9mA3Fpmnx9f0tTiSuHQWQfurOrYGB0zChCKeEbHCE/edit?usp=sharing

Level 1 is Primary trend and 2 is modifier. Green is UP and RED is down
Not
The RED to GREEN or GREEN to RED will be smooth transition means it will start moving UP before the GREEN time appears and converse in most of the times.Validate and trade based on levels and DO NOT ASSUME ANY TREND. The Sentiment is a Supporting indicator and not a TRADE Signal on its own
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11:36 AM : Nov 11: Sell NIFTY Future with a SL of 18020
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Reason : Sentiment Negative and Resistance to " BUY above 17984.71"
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Momentum is low
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Exit all SHORT as 17984 has become Support
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14:43 Big FALL . Exit any CE ASAP
nifty50Trend Analysis

Feragatname