We have clear picture in mind…..
Recommend you selling on rise around 7440-70 level, what the best you see in running markets (Today’s high – 7478.70) Ask is it maintained or just a market volatility to catching bears stops !!
Are you knowing about the current market trend and supply & demand areas of Nifty as well as Bank Nifty (See our Feb 3 post – Last Hope)
” Be simple work on yourself fist then in markets”.
Very Dull movement seen in Nickel from last few weeks.
Nickel sandwiched b/w 590-597 Supply zone and 267 Demand area.
Seems like a turtle
Only 597.10 above 1-2 closes with volume may push Nickel towards northward.
Target seen 618.55 then more n more n more.
We only believe in positional trading.
Watch our positional outlook for Base metals.
All Learners and Subscribers are very happy now.
Bcz they understand power of Education.
If We could Learn – Belief – Practice & get results. Why you can’t ??? Yap You are just come forward one step — We are here to train you about market dynamics.
Technically Yours,
Team Technical IQ,
Jaipur.
What Happened Yesterday ???, Yap Fundamental come in the market.
(Russia come forward to talk with OPEC)
But are positional Technical trader out in last two-three day panic falling.
No way – May be they added more n more n more lots.
Do not forget Closing is very important – Atleast for Professional/Positional chart reader.
Now we updated Gold Profit Stoploss 27175 closing basis for short term.
In This world no one is 100% accurate/perfect.
World economy conditions keep changing. So that We have to shift our view accordingly.
“Understand Markets are subject of Probability not certainty”
Those market participants understand concept of Stoploss in trading,
They are the only successful Trader.
How a trader can look Stoploss —
1. Initial SL
2. Break-even SL
3. Profit SL
Practice it to see yourself in Win- Win condition.
Yesterday Russia come forward to talk with OPEC after sharp rise in crude inventories.
Its good news for economies.
In early trade Nifty may trade with positive sign.
As per Technical 7440-7470 is supply zone.
Sell one rise recommend here.
But in case 7470 maintained by Nifty sharp upside seen in coming days.
What will be the targets ???
To know more TRAINED YOURSELF
Check our previous post about Silver (Jan 20) – “Shining Silver”
Now We are strongly bullish as key resistance breached and maintained by Silver
If Silver COMEX traded above 14.70 add in tons …
Non Stop rally upto 15.65 will be kissed soon
But knowing the stoploss of flying silver is the key of success.
Now Nifty trading around 7400 level our Make or break point.
So what to do here ???
Bulls n Bears both hungry to take commend.
Only Education help you to take wise decision and mint money for you.
Bank Nifty Panic Conti. below 15075 to upto 14750.
14750 is the last hope if market maintain below this
Non Stop fall below 14000 on cards.
Investor can Interlink/understand relationship b/w different asset classes able to take refine decision.
We are looking Cipla and Auropharma like this tiger, which ready to catch opportunity
Sell both stock in tons….
they are going to be falling like any thing
LOC for Cipla and Auro b/w Bulls and Bear respectively
572 and 768
Just remember we only deal in positional trades means these level closing basis works a lot for us.
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