Update for Nifty Trading

Few observations for Nifty trading in followup of the last post-
 

Technical Analysis for Nifty Trading

Analyizing Nifty through a combination of Technical analysis methods as Trendlines, Moving averages , Fibonacci , Volume Profile, Elliott waves  and Options data to get a Trading Plan for the next week.

Line of Control

Nifty took support at 200dma in today's trading .This level will decide the action for the Short term as well as Positional play. Please check the last post for detailed insight-
CLICK HERE

Few observations -

Technical Analysis for Nifty

Let us check out the short term probabilities for Nifty trading based on Elliott Wave analysis and corelating it with other TA methods to get an insight of what is in store and a Trading Strategy to gain out of it.

What is the best Religion ???

Here is a conversation between Hon. Dalai Lama and theologist Leonardo Boff , answering the question - ' What is the best Religion' ?

Nifty Trading for Next Week

This Week is a trucated one with only three trading sessions. Plan accordingly.
Trade as per the charts  below keeping important volume and price levels in sight. 

People Against Corruption

The fight against corruption does not ends today but begins now.

Here are the naked facts of  corruption in our 'poor' country . The disease has reached epidemic proportions and its now the duty of every indiviual to lend support for the fight against corruption in whatever way suits him.

Spare just 10min. to go through this video and decide .

Nifty Update

Here are few observations updated for trading Nifty this week.

Nifty Trading Analysis for Next Week

Nifty has shooted up from the recent lows whole of the last week and before. It is an important Week ahead to test the Supports and Price action there . Lets see what is in store for the next Week.

Congratulations !!! to Team India and All

The Good ,The Bad & The 'Googly'

These are the three likely Trading Probabilities for Nifty as per Elliott Wave Theory, that may occur in near future on a broader perspective.

The Dark Horse Wins the Nifty Derby !!!

The 'Dark Horse' EW count alternative of Nifty starting a probable 'B' wave has proved to be the valid count for this complex correction. It was first mentioned in the 25th Feb post (click here) and has been mentioned regularly in later posts on 26/2 (click here ), 13/3 (click here) ,27/3 ( click here ) ,27/3 (click here) .

It helps to keep alternatives of trade in stride along with their points of initiation and invalidation.One must have the flexibility to trade them with proper money management.