Yesterday Nifty daily chart formed
a bullish candle. This pattern suggests us that the bulls are in control.
On intra-day chart Nifty is now
trading near a 15 min supply zone. Nifty can see some pressure during first
half of the trade today. Aggressive traders can go short near current levels.
A better trade can be a long trade
near support at 8200-8190 level.
If Nifty moves beyond 8255, it’s a buy
with a greater conviction.
Nifty 15 min Chart
Advanced Traders Training Program – 10 days to go
I am planning
to have an online batch through Webinar.
The
course is for Intra-day, Swing and Positional Traders. The course is designed
to help make traders consistent profits with their own trading style.
Course Covers-
Detailed Technical
Analysis and its intricacies, Classical charting Techniques
Derivatives- Futures
and Options (including practical Options Strategies)
Open Interest, Volumes
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How to trade
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Concept of Demand and
Supply
One to one counselling
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More
details are available on request at unmesh@bonvista.in
This
is a practical course designed around ‘coaching’ than ‘training’.
Course
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For
pre-registrations, you can mail me at unmesh@bonvista.in
or call on 9371444875
My
Latest articles:
Potential
to move 46% from current level- Kiri Industries (Written on June 6, this
stock moved over 50% since the date of article)
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Disclaimer: The contents
produced here are purely for educational purpose. They should not be
construed as buy/sell recommendations. I am not a SEBI registered Analyst or
Investment Advisor. Readers are advised to consult their Investment advisory
before taking any decisions based on above write-up.
|
Tuesday, June 21, 2016
Nifty Analysis for 21 June
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