I was posting my views in all different threads so far.
Henceforth i will be posting my views on nifty and other stocks in this single thread only. I will use only this thread for all my posts.
This thread is only for mutual discussion and educational purpose. Not a trading tip for anybody
Investment is stock market is risky as market dynamics can change at any time. Views expressed here are my personal view only not a trading recommendation to anybody. Traders have to study and take their own decision before entering into trade. I am not liable for any profit or loss which may arise because of using my personal views blindly. I may or may not have positions in Stocks or Nifty.
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Expiry day, nifty closed today at 10382.
I was expecting nifty to move beyond 10400 atleast once during the day but my view has failed.
As on end of day today, Major Trend = DOWN and Minor trend = NEUTRAL
Minor trend reversal point 10390 for tomorrow
If nifty could cross and sustain above 10390 tomorrow, there is chance of minor trend change to UP.
else the trend is down
no trade today. Expiry day and didnt get any clear trade today.
More about nifty levels later....
If anybody wants to know the value of 5 paisa ..10 paisa.., then they have to sit infront of trading terminal
no luck today. Nearly 3 hours of trading....but Nifty is still hovering around 10350...
Trade levels for tomorrow 22-02-2018 :
thanks for your post. In my calculation, it is 10440 the minor trend decider
Lets see.... what you said may be correct....
From : Alex R at 11:17 PM - Feb 21, 2018 ( )
For tomorrow, 10400 will be trend decider intraday.
one more good day today and nifty moved exactly between 10405 & 10354 almost whole day.
Only one clear trade we could get.
As on end of day today nifty (spot) has closed at 10397.45 and it is in neutral zone.
Major trend = DOWN Minor trend = NEUTRAL
For tomorrow, 10440 is the minor trend reversal point.
If nifty could cross and sustain above 10440, there is fair chance for minor trend reversal.
Expiry day tomorrow, anything can happen. I feel like nifty might trade between 10400 and 10500 atleast for sometime tomorrow.
I may be totally wrong in my calculation. It is just my view
If goes above 10405 and sustain, then a chance of going upto next target 10456.
Else if will be again a sell opportunity
If it falls below 10350, chance of another 40 to 50 points...down..
Hi...good morning friends..
A good start today.
Nifty moved right from the word go..... from 10405 nearing 1st down level 10354
boring day today with very slow and narrow movement of nifty. After nearly 5 hours of trade, nifty finally fall below 10405 and reached 10354 level and finally closed at 10360.40
As on end of today, Major trend =DOWN Minor trend= DOWN
Minor trend change level = 10405
If nifty could cross and sustain above 10405, change of minor trend possible. Till then minor trend continued..
Caution - For F&O expiry, just 2 days remaining. Volatality may be high.
There is no change in intermediate trade levels for tomorrow. All levels are same as yesterdays
Awesome levels kk sir , nifty was full of volatility today , trapped me in long , Intra charts gave wrong signals , fully agree with me major and minor trends are down , thank u for sharing
Good evening. It was a nice trade today.
From the opening of 10488, Nifty made a low of 10302.75 and again had a recovery and came upto 10396 and finally closed at 10378.40. Nifty took the pull back from 10301 which was the last level of today.
As on end of today, Major trend = DOWN. Minor Trend = DOWN
Minor trend change level has come down. Minor trend will change if nifty (spot) crosses and sustain above 10475. Until then, trend is DOWN.
Levels for tomorrow are :
Thank you Rakesh ji...
not to offend any one...
A innocent Q, ur posts and my doubt....
BUY why pint point on some other advisors syle....
felt the reply went way too low ...
u r not this.. dont get carriied away...
keep doing ur good work....
Hi Rakesh ji..
thanks for your post.
I didn’t know that you are following my views. I don’t know what is your style of trading either. Don’t know you capacity of STOP LOSS. I don’t know who else are reading my post. Everybody has their own style of trading basis their capacity. Therefore giving stop loss has no meaning sometime.
As I said earlier, I post my views well in advance and the intermediate levels also (using murrey maths lines), because I don’t have time to come and update every time. By the time, I come and update, it will be too late sometime because I have to trade for myself also.
You are an expert trader. As you know very well, there is no rocket science in trading. Trading is normally based on levels. If one level broken or sustained it goes to the next immediate levels. Therefore targets are each next level once a particular level is broken. Stop loss as per your capacity. These levels one can calculate themselves. It is not a big deal. Along with the levels, it is always better to have a reasonably long term view also. Even to go with the flow, it is better to know where the flow is heading.
I have posted my views after budget day onwards that, long term correction is on. Nifty is heading towards 10370 / 9400. Don’t know whether you have gone through that.
There are many threads in mudraa which gives, below……..weak only, buy in dips…. , above ……….. positive…............. or BU….. BD ….. bla…. bla……..
If you are able to trade basis such posts, then you should not have any problem in trading basis the given levels.
Yesterday I wrote, “minor trend also turned negative. Therefore it is SELL as long as nifty trades below 10565”. All the intermediate levels were also given. Don’t know whether you have read that. There were some contrarian views about NIFTY for today in some other threads. Everybody is right in their own views. I respect others views also. Everybody has their own calculation.
Today there were three clear trades in nifty in which you definitely would have got minimum 110+ points total if not more. If you are trading in more than one lot, then it is multiple.
what downside u see for today... small levels u r giving.. for view it is good but how to trade such smalll levels...
Oh...below 10370, too quick to fall to 10353....
Levels worked well today too...
Bye for today..
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