Nifty Bank Index
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Burden of being always Right..!! Cautiously long.

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After success of past few ideas, I am feeling a bit pressurised to analyse with more descrition and deduction. What I have found out is that now it is time to be caustiously long. If Action Reaction lines are to be believed, then prices are about to start formation of next pivot and this is marked and indicated in chart using circled area.

"This is my trading journal, not a trade recommendation. I Will be Posting and updating the ideas regularly, as market progresses, only for educational purposes for me and others who want to benifit from my experince.

DISCLAIMER:
Trading in the stocks market or futures markets is one of the riskiest forms of investments available in the financial markets and suitable for sophisticated individuals and institutions. The possibility exists that you could sustain a substantial loss of funds and therefore you should not invest money that you cannot afford to lose. Nothing in this analysis is a recommendation to buy or sell stocks or futures and I shall not be liable for any loss or damage, including without limitation, any loss of profit, which may arise directly or indirectly from the use of this analysis or reliance on such information. Consult your financial advisor prior to investing is stock market.

This is one person’s experience, your experience may differ. Past perfomance is not gaurantee of future gains.
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The gradual Success of recent analysis based on Action Reaction lines, Demand and Supply zones is giving more confidence on this system and will surely help me to eliminate the doubts which crop up occasionally based on words of other analysts and more particularly Gossip originating from News and Upcoming events. Everything is written on chart, well advance. What is required is an eye to read that. Question is that the analyst inside me is willing to sweat more blood to gain this insight. May God give the forsaken man the strength, eye to see and will to trust in this system.
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BELOW IS WHAT I FOUND OUT WHILE FLIPPING THROUGH OLD IDEAS UPDATES IN AUGUST 2020. COPIED THE BAR PATTERN FOR FUTURE.
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PUTING THE SYSTEMS ON Reliability AND Repeatability TEST FOR NEXT 2 MONTHS:
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SO FAR SO GOOD.
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Adjustments for future targets (for pivot level)
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Levels if mirror the feeds:
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Prices consolidating in symmetrical triangle pattern (Generally Continuation pattern) in upmove.
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NEXT PIVOT LINES ARE SHIFTING, BUT ARE AS PER MIRRORED GHOST FEED (IDEA POSTED ON 22ND OCT).
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Pivots are shifting
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ARROW OF TIME SUGGESTING TWO POSSIBILITIES FOR MONDAY
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Mind the Date and the Time. Trump winning? for this to be true.
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With Ghost feed
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FEW PIVOTS ARE MISSED...VERY BULLISH SIGN..FUTURE PIVOTS MARKED...DONT FORGET ACTION REACTION ..NEWTON'S THIRD LAW...REACTION TO THIS ACTION WOULD BE EVEN BIGGER THAN THIS...!!
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