NIFTY CRUCIAL UPDATE (must read)
Güncellendi
-us market near 200-wma
-spy has also broken previous low
-in previous update i had indicated dollar index is crucial for us
-if dxy broke 110 we will move towards dot.com crash level of 120 (2000-01)
-us mkt is in complete bear grip
INDIAN MARKET UPDATE
-the term decoupling was used by me for the first time in june
-today it is visible that we are now catching with global markets
-but just observe
-wen last time s&p 500 and dow jone hit levels of 3650 and 29500 (today@29000)
-we were trading around 15200 that time
-today we are near 17000
-remember when this market makes a bottom we will outperform the global markets
NIFTY INDEX CRUCIAL LEVELS
"16830"
-we have traded it multiple times in the past
-if closes below 16830 i am expecting a test of 16480-16420 zone
-so new sharp range of 400-500 will open up on downside
-if we defend 16830 then 16980-17070-17225 will be upside hurdle
-dont worry about the trend
-a close above 17240 will again allow us to built positional longs
note
-fii have started again accumulating stock futures
-tomorrow we have an rbi policy
-expecting october month to be bullish if we manage to defend 16800
-oil and gas prices have come down sharply
-although yesterday sabotage of oil reg caused some panic
-i have explained earlier also
-if the demand in us market dies down which is needed of the hour for them
-crude oil prices will collapse
-which will have a positive impact for us
-spy has also broken previous low
-in previous update i had indicated dollar index is crucial for us
-if dxy broke 110 we will move towards dot.com crash level of 120 (2000-01)
-us mkt is in complete bear grip
INDIAN MARKET UPDATE
-the term decoupling was used by me for the first time in june
-today it is visible that we are now catching with global markets
-but just observe
-wen last time s&p 500 and dow jone hit levels of 3650 and 29500 (today@29000)
-we were trading around 15200 that time
-today we are near 17000
-remember when this market makes a bottom we will outperform the global markets
NIFTY INDEX CRUCIAL LEVELS
"16830"
-we have traded it multiple times in the past
-if closes below 16830 i am expecting a test of 16480-16420 zone
-so new sharp range of 400-500 will open up on downside
-if we defend 16830 then 16980-17070-17225 will be upside hurdle
-dont worry about the trend
-a close above 17240 will again allow us to built positional longs
note
-fii have started again accumulating stock futures
-tomorrow we have an rbi policy
-expecting october month to be bullish if we manage to defend 16800
-oil and gas prices have come down sharply
-although yesterday sabotage of oil reg caused some panic
-i have explained earlier also
-if the demand in us market dies down which is needed of the hour for them
-crude oil prices will collapse
-which will have a positive impact for us
Not
AGAIN LIKE EXPLAINED MARKET MOVED ACCORDINGLY
HOLDING LONGS IN BANKNIFTY
AFTER BREAKOUT OF FALLING WEDGE
TRADERSMOJO TELEGRAM CHANNEL
*future calls
*option trading (buying)
*index trading (options and futures)
*index update and oi analysis
t.me/tradersmojo
*future calls
*option trading (buying)
*index trading (options and futures)
*index update and oi analysis
t.me/tradersmojo
İlgili yayınlar
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.