Thursday, August 1, 2019

Market Profile Indicator




Market profile indicator range hit the support "pink" today..

Message is...if tomorrow gap down....don't go short...

Market fall resume after some time..

Time being no short position at our end....in Index...

Keep your pant tight..otherwise... will be removed...


Bulls...now ! ! !




Perfect sheetal


Your morning bottom fishing level Rs.10.....not established.....came near to 19 and reversed...

I was waiting for 14 to enter into trade.....but...! ! !...

Still...good analysis...keep it up....



SBIN....good fall...



SBIN  hit all the targets....bleeding....


Today


Nifty future level to be watched out / action ...11968.40..(future)..

Now...run the position with, positional s/l, should be as per 11300 put reversal point...


Reliance




Reliance nearing to 2nd support.....

If goes again near 1st resistance....sell...sell...

Results as per street expectation....... 100 points down....


What's Next?



...Corporate Social Responsibility...




Today


Opportunity identified by Sheetal...

Bottom fishing for weekly settlement option trade...

Will wait for bottom or above pink....till then...no trade...



Sheetal...thanks for your input...


Ware wah...


Nifty reversal not yet happened as told..... y'day again experts are trapped....



Reversal experts are hiding today and they will come with justification.....


Fed Rate Cut



However, Mr.Trump disappointed ...

....As usual, Powell let us down, but at least he is ending quantitative tightening, which shouldn’t have started in the first place - no inflation. We are winning anyway, but I am certainly not getting much help from the Federal Reserve!