MoneyMunch

nifty-cycle-analysis

Sellers have high probability on nifty index as per technical indications

Sellers have high probability on nifty index as per technical indications, therefore PUT of nifty jan. 2018 can buy 21-25 for targets 37 to 41 and after possibility for positional targets as 66-79 in 3-5 tradings days.

nifty-cycle-analysis

Concluded by cycle analysis, it may come 180-300 points fall nifty in period short of time. In the above chart, “measured broad cycle size” is showing that it can fall and also observed all recently fall are same size as mentioned by box. Fall is not not far so, be careful if you’re in long side.

  • All below “Moving Averages” are positive but ATR (average true value have strong support which can indicated big move on a day) ATR is at 84 points and today low is 10665 and high is 10754. Result of ATR tells us intraday bulls are over at 10765.

MA 10
MA 30
MA 50

  • RSI (relative strength index) is representing at overbought.
  • World markets are negative

On 18th January 2018, China will declare quarterly GDP which historical GDP of china plotted on nifty for understanding affect of it.

nifty-chart-with-iip

comparison of IIP data with nifty and will declare on 12th Janunary 2018

IIP (Index of industrial production) data for November month and CPI data for December month are going to declare on 12th Jan. 2018 at 5:30 PM which are generally minor affect to index nifty for short term period. Therefore, we have created chart of IIP data with nifty future here will useful for traders.

nifty-chart-with-iip
HTML document for the World Wide Web

Data for 01/09/2018

Exp TrendN/A
NIFTY
Open10,642.85
High10,659.05
Low10,603.75
Close10,637.00
Volume1,267,682
Open Int.0
Price Chg.13.40
Vol1,267,682

IIP and CPI data are declare on Friday then result of it will be on Monday. If there’re not good news or unable to support globe atmosphere will lead to fall in market.

IIP data source from.

nifty-60-min-chart

We have updated overview of nifty

nifty-60-min-chart

NOTE: above chart level are for Nifty Cash market. All levels are use after 1hrs of trading secession.

10min-chart

Multiple trade is good but we will update live more about it.

forex-usdjpy

UPDATE:FOREX FORECAST ON EURUSD, USDCAD, USDJPY INDEXS

What I had Said about USDJPY?

I had said “You will see 108.239-108.523- 109.218-110.506 levels soon.
Support found at 107.322-106.813 levels.”

USDJPY index 108.239-108.523 targets achieved.

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nifty-future-augest

both sides trading are advisable on Nifty future.

Between 9759 and 9782 are the levels for buyers intraday only against market direction and Resistance 9849 to 9828. Perfection can give SGX nifty opening for intraday traders. I will try to write here direction if time permit in monring. Well, try to understand chart of nifty future can lead you greatly.

nifty-future-augest
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