INDEXKING0

INDEXKING0

A heaviest selloff in my experience, a complete vertical shift in price action and erstwhile DIIs and FIIs are raiding over cheap prices in cash market. I have deposited two levels where Nifty can pick up its upward momentum and catch a breadth with this high volatility downfall. Its more like Skyfall.

INDEXKING0

Which has more power to dominate markets? Technical Analysis or HAwkish Fed. We shall find out sooner.

INDEXKING0

The U.S. Markets give us the direction but the events that occurred damaged our markets first and then EU. Now there lies strict volatility in US currently, would for sure wind up in bullish stance but FUTURES are the main prospect driving bearish. Therefore we could test the two FVGs and then ignite a rally.

INDEXKING0

It hasnt rallied that much till now in the first half, even the kill zones today were volatile. Dollar Index is reaching towards heights soon and thats bad news for the NQ1!. Its time to launch the ICT Barrel and place yourself short as the master says NUDGE NUDGE NUDGE.

INDEXKING0

It is indeed time when the trend could go either way, maybe like last December into the grave, or could swing upward. But momentum traders are sure that they will make money no matter what may come. I advise to stay short because I am a gigantic bear but some analysts are aiming 21000 for 2023 end.

INDEXKING0

It has come to my deep desires that I pin point reversal points for beginners but children do not take them as holy GEETA or BIBLE they are mere analytical CALCULATIONS.

INDEXKING0

Believe me I have a gift for you, short it and the premium earned is my gift to you

INDEXKING0

2 months duration a cycle extends to usually, 15th is the time when momentum shifts and 5th day is the day velocity stops and moves backwards. By this theory today's ignition will take Nifty back to 18500 but do not forget the rally to the 19000 levels is yet to come and would be dreadful for bears.

INDEXKING0

It might be a gap up/down morning tomorrow, but all we traders need to think is should we ignore the reversal pattern that erases bearish momentum at each interval since past 3 months, yeah because this will be the choice in front of you to decide whether we support the narrow lane of downside or enjoy the swift train which has stations above 19000 levels.

INDEXKING0

While momentum is directing at rumble down of price action, Supply force stands with grave dug. Foreign cues are sad and tomorrow's expiry is going to be bad. Bulls rather take a hike because that's how I like.

INDEXKING0

Expiry went fine the 2nd June, it has various bullish remarks at the end, the volume spikes spoke for themselves. Now there is new danger ahead, economy is hanging onto verges of a single man, and typically now the popular opinion is that he shall be left with no other option than greening the signal light and another rally is expected. Many weeks have gone by...

INDEXKING0

There has been quite sometime when Wall Street did not feel the heat, situations were glowing flowers in gardens at share bazaar. Finally the Behemoth US market brought some equilibrium at juncture, we have now nifty digging its grave for a longer period when the FIIs have also started to short the momentum. Do not miss the lucky expiry day tomorrow, if you go...

INDEXKING0

Banknifty the High Lord of Indices, is at a crucial support level, breaking upon which a 5% correction or failing to breakdown which can give a rally up till skies.

INDEXKING0

Even though Federal Reserve tries to dominate the indices that can supply money power to people and rise up inflation more, the markets correlate with that thought and do not overestimate the reach of tightened regulations. Traders have grasped each drop with a rally at the very end, bears get trapped thinking it's their trend on a mistaken momentum. Results...

INDEXKING0

Since SGX Nifty runs through US Futures, and Nifty opens, stands after the story ends for SGX futures price. Yet, there have been disturbing divergences in Indian and US markets due to FED RATE HIKE. It's the season of Results and a developing nation's economy hardly upsets the stakeholders, given that Indian markets rallied a while, took some consolidation, ran...

INDEXKING0

Expiry day, tough day because mostly time decay enjoys the premium, therefore tougher for option buyers like me to result into profit. Nonetheless, we enjoy rallies or drops when Open Interest data tells us that Funds have been trapped at the surpassing of Support level that was at a strike price or rallies that gap up above resistances. These two levels in the...

INDEXKING0

Elliot Wave Theory claims that Markets form similar patterns of formations on smaller time frames that are visible on higher time frames, (higher/lesser degree). Crowd behaviour which the theorist defined for traders or market participants is predictable in a manner that it ought to cause a definite result after each sequential or circumventing interval. First...

INDEXKING0

Each vision that said it would be a whipsaw at the end has gone hugely and drastically wrong, while the Index that was till far coinciding with DJIA and SPX beautifully has completely taken a turn on another pathway, they had a weaker week while NSEI moved momentumizingly strong and great velocity. The fundamentally factorising RBI policy that gave a 100 points 1...