Market Makers may not allow Nifty Correction

2018년 4월 25일

Nifty should have corrected few days back. But it appears that Market Makers may not allow Nifty correction.

Renko charts (ATR 14 based) in Daily, 1hr, 30mion and 15min are solidly in the green. This could indicate an approx 80% chance that the market may continue to rise a bit tomorrow. Best not to trade in the index till after expiry.

2018년 4월 25일

액티브 트레이드

Shorted @10606 (futures price) for a strictly intraday trade.

2018년 4월 25일

거래청산: 타겟 닿음

Closed @10570

2018년 4월 25일

노트

Scalping strategy... small price movements with many lots

2018년 4월 25일

노트

Most technical indicators suggest a correction. But Daily and 4 hr Renko (ATR 14) are still green. Best to short after expiry.

2018년 4월 25일

노트

New uptrend Renko brick starting on Daily chart.

2018년 4월 26일

노트

So the renko analysis yesterday was accurate. Nifty has gone above yesterday's high.