NIFTY and Banknifty For next 1 week- remain short

In continuation to my earlier post, looks like we can still remain short for next 1 week.

As indices are giving huge movements. trade only with small qty and wait for turn around.

Declaimer: I am not a SEBI certified analyst.

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Testing my indicator..

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15 mins chart with my indicator.. still no confirmed signal on sell side.

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Volume sell and strength sell signal and break down...

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Intraday: close. doji kind of formation at bottom.. exit and keep quite.. breave hearts can hold shorts.

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consistent sell signal volume and strength... in 5 mins chart.. go SHORT with stoploss at 1 hour high

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in 5 mins chart on open gave sell signal but negated after 10 mins.. on 15 mins gave sell signal.. lets see what will happen.

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Exit came for sell signal

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Buy signal came .. but candle not yet completed.

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sell triggering exit for above position

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Today 3 good signals for nifty and 2 good signals for banknifty

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1 week comeplted. the fall should get arrested here or near 11215 levels. then upmove towards 11780-11820 will start.

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Closing thread