Nifty maintained the resistance around 5967-5976
Nifty Future is trading will test today 5662-5974
This area is strong resistance of nifty future…, wait and watch…
Expected trend is on side way…
If close below 5888 then nifty will try touch 5800
(Yesterday, candle is not good for long in Nifty Future)
For Intraday traders
Nifty Intra Trading Support 5900-5888 Resistance 5967-5971
Just, Watch Chart and follow only levels…
To become a subscriber, subscribe to our free newsletter services. Our service is free for all.
Wyckoff Chart Reading
The Wyckoff Method is one of the four timeless approaches to market analysis (the other three being Dow Theory, Shabacker’s chart patterns, Elliott Wave Theory and Gann’s swing trading approach). It was developed in the early part of the 20th Century and has been continuously refined through the present day. The Wyckoff Method is a vital, classic approach to trading which reads the market through price bars and volume. Although technical indicators may be used, they are unnecessary under the Wyckoff Method.
Richard D. Wyckoff was a Wall Street broker and trader in the early part of the 20th Century. Wyckoff was a broker and witnessed the operations of the largest traders of his day first hand as an ‘insider’ and learned to translate their activities in the ticker tape and bar charts. As he watched traders and investors make poor trading decisions based on rumor, opinion and guesswork, he wrote a newsletter that quickly became so widely read on Wall Street that it would often affect stock prices. He later wrote courses for traders and books on tape reading (including the first day trader’s manual) and his experiences on the Street.
The Wyckoff Method has been used by astute traders for nearly 80 years. It is a complete method for understanding and trading the markets. It is used effectively by day traders, swing traders and investors in all markets including equities, commodities, index futures and FX with equal success. Many of today’s top market technicians acknowledge Wyckoff as the basis for their understanding of the markets, and the Method has spawned spin-offs such as VSA.
Dr. Gary Dayton is an expert in the Wyckoff Method. He has studied and applied Wyckoff for the past decade and has been mentored by an acknowledged Wyckoff master. Dr. Gary is also an outstanding educator of the Method who conveys the Wyckoff Method and principles in a simple and concise manner easily understood by his students.
TABLE OF CONTENTS
Candlestick and Chart Patterns (15 Days)
7 Most Important Candlestick Chart Patterns
- Gap Down Chart Pattern
- Gap Up Chart Pattern
- Gravestone Short-term Chart Pattern
- Hammer Candle Stick Chart Pattern
- Hanging Man Short-term Stock Chart Pattern
- Inverted Hammer Stock Chart Pattern
- Shooting Star Candle Stick Pattern
Top 2 Bearish Chart Patterns
Top 6 Bullish Chart Patterns
- Engulfing Line (Bullish) Chart Pattern
- Exhaustion Bar Chart Pattern (Bullish)
- Inside Bar Chart Pattern
- Island Bottom Chart Pattern
- Key Reversal Bar (Bullish) Chart Pattern
- Two Bar Reversal (Bullish) Chart Pattern
Indicators & Oscillators (12 Days)
Bullish or Bearish Indicators
Bullish or Bearish Oscillators
- Bollinger Bands Oscillator
- Commodity Channel Index (CCI)
- Fast Stochastic Oscillator
- Know Sure Thing (KST) Oscillator
- Momentum Oscillator
- Moving Average Convergence/Divergence (MACD) Oscillator
- Relative Strength Index (RSI)
- Slow Stochastic Oscillator
- Williams %R Oscillator
Classic Chart Patterns (29 Days)
Bearish Classic Chart Patterns
- Continuation Diamond (Bearish) Chart Pattern
- Continuation Wedge (Bearish)
- Descending Continuation Triangle Chart Pattern
- Diamond Top Chart Pattern
- Double Top Chart Pattern
- Downside Break Chart Pattern – Rectangle
- Flag Bearish Chart Pattern
- Head and Shoulders Top Chart Pattern
- Megaphone Top Chart Pattern
- Pennant Bearish Chart Pattern
- Rounded Top Chart Pattern
- Symmetrical Continuation Triangle (Bearish)
- Top Triangle/Wedge Chart Pattern
- Triple Top Chart Pattern
Bullish Classic Chart Patterns
- Ascending Continuation Triangle Chart Pattern
- Bottom Triangle Or Wedge Chart Pattern
- Continuation Diamond (Bullish) Chart Pattern
- Continuation Wedge Chart Pattern (Bullish)
- Cup with Handle Bullish Chart Pattern
- Diamond Bottom Chart Pattern
- Double Bottom Chart Pattern
- Flag Bullish Chart Pattern
- Head and Shoulders Bottom Chart Pattern
- Megaphone Bottom Chart Pattern
- Pennant Bullish Chart Pattern
- Round Bottom Chart Pattern
- Symmetrical Continuation Triangle Bullish
- Triple Bottom Chart Pattern
- Upside Breakout Chart Pattern – Rectangle
Best Trading Theories (4 Days)
- Basics of Dow theory trading strategy forecasts
- Motive (Impulse) Waves
- Corrective Waves
- Wyckoff Chart Reading
Kind attention: this course is helpful for beginner and intermediate traders. It’s free for everyone. Advanced modules, trading strategies, and data (in-depth) are available for Moneymunch’s premium subscribers.
Get free important share market ideas on stocks & nifty tips chart setups, analysis for the upcoming session, and more by joining the below link: Stock Tips
Have you any questions/feedback about this article? Please leave your queries in the comment box for answers.
Nifty Future Intraday Update- Now 5912-5917 Is Resistance Area
(Updated at 01.33 PM)
Just see the amazing accuracy in predicting the Nifty future reversal.
In last post we wrote that below 5886-5892 NF
would move lower, up to 5867-5858.
Nifty future kissed 5867 and took a U -turn.
Now 5912-5917 is resistance area.
We Don’t think that Nifty would sustain above this zone.
If trades successfully above this zone, then may rally up to 5929-5937.
To become a subscriber, subscribe to our free newsletter services. Our service is free for all.
Nifty Future View for Intraday- Now watch 5892-5886 zone for intraday zone
As written Nifty future has witnessed sharp profit
booking from resistance levels at 5968.
Now watch 5892-5886 zone for intraday.
If trades decisively below this zone and not able to trade
above 5912-5917 zone then see correction extending up to 5867-5858.
ING Vysya Bank recommended to subscribers at 595-598 for Target= 608-613
Today made high at 622
To become a subscriber, subscribe to our free newsletter services. Our service is free for all.
Banknifty Future Daily View Above 12627 see rally up to 12667-12685
We are long in ING Vysya Bank

Banknifty Future
Support @ 12536-12506.
Above 12627 see rally up to 12667-12685.
Hurdle at 12703-12762.
If trades decisively above 12762 then rally up to 12850
not ruled out.
To become a subscriber, subscribe to our free newsletter services. Our service is free for all.


