SGX READY TO TAKE NIFTY DOWN TO WHAT LEVEL SEE POST !!

COMPARING MY YESTERDAY STATEMENTS WITH REAL MOVE IN SGX TODAY.

1. In my last statements point no 2. I clearly mentioned that if price till morning do not cross green dotted line then gap up opening can convert into flat. But you see price crossed dotted trend line so market opened gap up. see in fig. I gave the cross area in yellow color which does not provide any information regarding direction of trend. That already mentioned yesterday. See in day when price started moving down to green dotted line ,nifty also started its journey to down in afternoon. When you have this information then trading becomes easy. Everyday I first prove my statements with actual moves.

2.Now manifest the effect in opening with this structure. See I circled the move in pink color. Here price is moving up but volume is decreasing so chances are bright that price will move to blue line till opening time of nifty. There fore chances to increase the gap down open with difference of points also increases. First target is blue line then red line. Remember nifty has to travel less . So can see intra day range bound move. Rest market will decide.
YOGESH VATS