Using PIVOTs, DIY Indicators and Price action to seek confluence and trade.
Step1) COnfirmed Reversal from PIVOT point (Daily Pivot)
Step2) Observed Higher High, Higher Low
Step3) Move above 200EMA confirmed Bullishness
Step4) Use Matrix Series and Ehlers to combine with above view and trade the trend.
Step5) Use the Support and Resistance Levels on DIY...
Nifty Analysis & Bank Nifty Prediction for Tomorrow |6 FEB 2024 | Elliott Wave Theory | ELLIOTT BABA
Nifty Analysis & Bank Nifty Prediction for Tomorrow |6 FEB 2024 | Elliott Wave Theory | ELLIOTT BABA
This prediction is for the Nifty Index and it's based on a technical analysis of the market. I'll also be providing an option trading setup for beginners so that...
Nifty trader's perspective, while the higher timeframe charts continue to look attractive, the cycle of higher-highs – higher-lows are certainly visible on the daily time frame with in-between time-wise correction phases, analysts maintained.
Below mentioned points are discussed in my post analysis video(Fast forward to 0:50 for Hindi Audio)
-No Trades in the morning
-Good structures in the morning
-Bought Nifty in the morning; ignored the second half.
-How will i trade when market opens tom
From a Nifty trader's perspective, while the higher timeframe charts continue to look attractive, the cycle of higher-highs – higher-lows is certainly visible on the daily time frame with in-between time-wise correction phases, analysts maintained.
Market capitalization: In terms of market capitalization, the Nifty50 is much larger than the Bank Nifty, since it is a broad market index comprising of 50 stocks as compared to 12 stocks in the Bank Nifty. As …
The NIFTY Index is reassembled every six months and tracks the performance of each stock over this period. Based on how a stock performs, and whether the company and the stock meet all the eligibility criteria given above, it could be retained or eliminated. In the cases of adding or removing stocks, the concerned companies are notified via a publication four...
The Nifty Bank index, often known as Bank Nifty, is made up of the most liquid and well-capitalized Indian banking firms. It serves as a benchmark for investors, capturing the capital market performance of Indian bank stocks. The banking sector is represented by 12 companies in the index.
Daily Show on NIFTY, BANKNIFTY, FINNIFTY and USDINR, where we try and predict the market direction for tomorrow by technical analysis, Open Interest (OI) data analysis, FII DII data analysis and much more. This show gives insights into the market and is especially useful if you are a beginner who has just started options trading and wants to learn how to trade...
