Monday, January 26, 2015

Nifty


Nifty sudden shift and gap up on 16th January 2014 changed the entire picture of nifty......

The above price action chart......Next downside swing if it starts...then 8635 breaks 8200 is visible.........subject to our Excel Working.....

As such no fresh short here........

The above chart is for knowledge purpose.........wait for level to breach downside as per our chart to enter fresh position..

Natural Gas

Natural Gas trading on the long term support point 2.7992.......If it cuts and close below...then we can see solid sell off....

The pattern happened in Crude and sharp sell of started......

Point is always go by visible simple logics.....

How to arrive the number.....that is knowledge...




Crude has started massive sell off below 64.67...but, normal traders...start buying at this level assuming low....however...massive sell happened when crude closed below 64.67 dollar level...

Now, when Crude will reverse........as such no number is visible....so...downtrend still intact....
 
Learn simple logics and Trade with simple nos...

Indicators will give you message...after trade is over......levels will give you information about what is the price action is trying for.....