Nifty maintained the resistance around 5967-5976

nifty-future-resistance

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.

Continue reading

Wyckoff Chart Reading

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

Top 2 Bearish Chart Patterns

Top 6 Bullish Chart Patterns

Indicators & Oscillators (12 Days)

Bullish or Bearish Indicators

Bullish or Bearish Oscillators

Classic Chart Patterns (29 Days)

Bearish Classic Chart Patterns

Bullish Classic Chart Patterns

Best Trading Theories (4 Days)

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.

Disclaimer: The information provided on this website, including but not limited to stock, commodity, and forex trading tips, technical analysis, and research reports, is solely for educational and informational purposes. It should not be considered as financial advice or a recommendation to engage in any trading activity. Trading in stocks, commodities, and forex involves substantial risks, and you should carefully consider your financial situation and consult with a professional advisor before making any trading decisions. Moneymunch.com and its authors do not guarantee the accuracy, completeness, or reliability of the information provided, and shall not be held responsible for any losses or damages incurred as a result of using or relying on such information. Trading in the financial markets is subject to market risks, and past performance is not indicative of future results. By accessing and using this website, you acknowledge and agree to the terms of this disclaimer.

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.

Continue reading

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.

Continue reading

Banknifty Future Daily View Above 12627 see rally up to 12667-12685

We are long in ING Vysya Bank

BANK-NIFTY

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.

Continue reading