Wednesday, June 22, 2016

Nifty Analysis for 22 June

On intra-day charts Nifty is forming a range.

Ranges can be traded on breakouts. Current range between 8227-8207 is a very narrow range.

Buy if Nifty breaks above this range and sell if it breaks below this range.

If Nifty breaks below, it has first support near 8188-8180. Next support is at 8162.

If Nifty breaks above 8227, one can initiate long positions.

In my course on Stock Markets and Technical Analysis there is a separete topic on how to effectively trade the ranges.

Nifty 15 min Chart


 
 Advanced Traders Training Program

I am planning to have an online batch through Webinar.
Final Schedule for training-
4th, 5th, 6th July- 11.30 am-1.30 pm
9th and 10th- 10 am- 2 pm
11th,12th, 13th – 11.30 am to 1.30 pm
16th and 17th – 10 am to 2 pm
18th, 19th and 20th – 11.30 am to 1.30 pm
23rd – 10 am to 2 pm

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Detailed Technical Analysis and its intricacies, Classical charting Techniques
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Risk Management- how to minimize losses and maximize profits in Futures and Options
How to trade Commodities and Forex for consistent profits
Concept of Demand and Supply

One to one counselling to “Decide your Trading Personality Type”
More details are available on request at unmesh@bonvista.in
This is a practical course designed around ‘coaching’ than ‘training’.
Course will take approximately 40 hours to complete. Tentative schedule will be 4 hours on Saturday- Sunday each and 2 hours on working days- 3 days a week.

For pre-registrations, you can mail me at unmesh@bonvista.in or call on 9371444875