Thursday, March 29, 2018

Clarification


This post is for make you understand the Main Trend...

Main Trend as such (as long as) trading below (Main Chart) White/Red Level.....trend is sell on rally..

In between....may be some upswings 200 or 300 point rally......that you should use weekly level to identify the trend...

Using weekly inside reversal....you can catch reversal upswing rallies for small profits.....(not for investment purpose)....

Investment......i am sure....not the right time to deploy the money into the market.....we have to wait for clear main trend reversal.....

Up Rally started on 3th January 2017 and Down Rally started on 2nd February 2018.........as per our level....





Bank Nifty


Bank Nifty and Nifty ....Main trend is sell on rally...

Last ....Monday Bank Nifty call option moved inside bar and put option moved inside level from top....and (rewarded) call option morethan doubled...

As such reversal is continuing.....

Bank Nifty and Nifty important levels are weekly bottom level ....(line)....

Take Care.....


Copper


Copper.....my take is sell on rally.....