One of the Finest information can be obtained when we use the Ichimoku , Most people miss -read the system and end up wrong interpretation
Ichimoku has 5 distention information in it
01) Identifying the Function of Price - Trending method , start of trending method
02) Function time - when Price is in corrective structure , when time is consumed more then the movement of price , One of the best identification for Options seller
it gives clear information when trend enters in correction pin pointed
03) Deviation - We call it as standered deviation ( Using Bollinger band) , ATR , ADR all these indicator are with in the system , it will give exact pin pointed deviation in it
you do not need to put any other indicator
04) Momentum - You do not need Momentum indicator when you use this informative tool , it has every thing in it , when you see change in Momentum you can take better position
05) History Repeats - When entire world is looking for repeating pattern , the most easiest way is to look the chart using incimoku system , You will come to know what will happen next , this is having an ultimate tool where you will not miss any opportunity of riding the trend when you see repeating the pattern
Now as far as Nifty concern its in correction , long term trend is intact , it will still make higher high , and it will high likely move up to 14500 ,
One can look for going long with your own method or bullish brake and keep traling the stop to enjoy longer trend trading
Good luck
Ichimoku has 5 distention information in it
01) Identifying the Function of Price - Trending method , start of trending method
02) Function time - when Price is in corrective structure , when time is consumed more then the movement of price , One of the best identification for Options seller
it gives clear information when trend enters in correction pin pointed
03) Deviation - We call it as standered deviation ( Using Bollinger band) , ATR , ADR all these indicator are with in the system , it will give exact pin pointed deviation in it
you do not need to put any other indicator
04) Momentum - You do not need Momentum indicator when you use this informative tool , it has every thing in it , when you see change in Momentum you can take better position
05) History Repeats - When entire world is looking for repeating pattern , the most easiest way is to look the chart using incimoku system , You will come to know what will happen next , this is having an ultimate tool where you will not miss any opportunity of riding the trend when you see repeating the pattern
Now as far as Nifty concern its in correction , long term trend is intact , it will still make higher high , and it will high likely move up to 14500 ,
One can look for going long with your own method or bullish brake and keep traling the stop to enjoy longer trend trading
Good luck