NIFTY Spot 18769 important level to watch.



NIFTY near Life High, need to be careful here as it near 19 June level.
Market Breath is: - 29 stock trade above VWAP, means NIFTY is now maintain Bullish structure till now @ 9:35.
For Index related Analysis stay with me.


Comments

Post a Comment

Popular posts from this blog

"Trading Mindsets: Winners vs. Losers" Trader's most important Arsenal in Trading Journey!

Image
  WINNER & LOSER MINDSET GAME Trading Mindset Winner 1)       The Zen of Timing: Imagine trading like a game of catch. You don't jump blindly; you wait for the perfect moment to toss the ball. Similarly, in trading, patience is your best friend. Wait for the right moment to strike, like a ninja in the night.   2)       Mind over Emotions: Think of your mind as a superhero with the power to control emotions. When fear or greed try to take over, channel your inner superhero to stay calm and focused. Your trading decisions will thank you.   3)       Risk is Your Sidekick: Just like a daring adventurer needs a trusty sidekick, every trader has risk by their side. But remember, risk can be managed and controlled. Treat it like a loyal ally, and it will help you on your journey to profits.   4)       The Learning Quest: Think of trading as a treasure hunt...
Read more

"Unlocking Market Insight: The Volume Profile Indicator"

Image
  VOLUME PROFILE :- The volume profile indicator is a tool used in trading to show how much trading activity has occurred at different price levels within a specific time period. It looks like a histogram on a price chart, with bars representing the volume of trades at each price level. Traders use it to identify important price levels where a lot of trading has taken place, which can help them make more informed trading decisions. High-volume areas can act as support or resistance levels, indicating where prices are likely to change direction. Volume profile is a popular technical analysis tool in the stock market that provides valuable insights into trading activity at different price levels. Here are some interesting findings and insights that traders and analysts often discover when using volume profile: 1. Point of Control (POC): The POC is the price level with the highest traded volume within a specific time frame. Traders often consider this level as significant because it ...
Read more

Unlocking the Hidden Patterns of Market Moves: A Real-Life Fibonacci Tale 📈🔍

Image
Unlocking the Hidden Patterns of Market Moves: A Real-Life Fibonacci Tale 📈🔍 Today, August 30, 2023 – a day that beautifully illustrates the magic of Fibonacci! 🌟 Let's delve into the chart that's creating waves and discover the Fibonacci phenomenon firsthand.  Picture this: Nifty bravely marches towards the resistance level of 19450, only to face a formidable challenge. As if adhering to some mystical script, it takes a nosedive right after hitting that mark. How does this relate to Fibonacci, you ask? Buckle up, because here's where the Fibonacci saga truly shines! Imagine tracing back to previous market highs and lows – the key turning points – and weaving them into the Fibonacci fabric. Weaving complete, we unveil a set of levels that read like a market oracle's prediction. Pay attention to the 0.50 and 0.618 levels – they're the crown jewels of this Fibonacci treasure trove. And guess what? Nifty, in its market dance, encounters the 0.618 level head-on, as ...
Read more