Nifty Statistics: NIFTY VIEWS FOR THE WEEK

LOOKING AT DAILY AND WEEKLY CHARTS NIFTY IS IN DOWNWARD CHANNEL FROM THE TOP TILL THE LOW MADE ON FRIDAY WHICH IS COMING AT THE CHANNEL SUPPORT LINE NOW NIFTY IS IN DOWNTREND BELOW 4875 WHICH WAS THE HIGH MADE ON FRIDAY A CLOSE ABOVE COULD REVERSE THE TREND FOR SHORT TERM AND BELOW WHICH ALL THE RALLIES SHOULD BE SHORTED WITH STOPLOSS OF 4875 ALSO THE MONTHLY CHARTS LOOKING WEEK WITH THE LOWER TARGETS. BUT THE DAILY AND HOURLY CHARTS ARE OVERSOLD AND THE BOUNCE DURING THIS COULD BE USED TO MAKE SHORT POSITION WITH STRICK STOPLOSS OF 4875 ALSO 5 DMA IS AT 4864 ALSO 5<10<20<50<100<200 WHICH DENOTES BEARISH SCENERIO ON DAILY CHARTS SO IF THERE IS ANY PAUSE IT SHOULD ATLEAST CLOSE ABOVE 5 SMA 4864 OR HIGH MADE ON FRIDAY 4872 ALSO MONTHLY CHARTS HAVE STRONG SUPPORT AT 4540 LEVELS WHILE IMMEDAITE SUPPORT COMES TO 4660 – 4680 LEVELS FROM WHERE MARKETS COULD TAKE A BOUNCE ALSO MARKETS ARE TRADING BELOW 200 DMA 4829 OF WEEKLY WHICH ALSO DENOTES BEARISHNESS. ALSO SQUARE OF NINE IS SHOWING CHANNEL SUPPORT FROM WHERE A RALLY TOWARDS 5000-5215 CAN BE ON CARDS IF 4875 IS TAKEN OUT.

PVTS (PAISA VASUL TRADING SYSTEM)

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Now No More Confusion For Trading All Solution Given In The PVTS Trading System With Different Strategies For Different Kind Of Traders As W.D.Gann Swing Theory Also Added And Now Just Mint More Money

This Video Is For Positional Traders As Well As Intraday Traders And Intraday Swing Traders Where Positional Traders Can Trade As Per Signals Generated By The Mechanical Trading System While Intraday Traders Can Play As Per Intra Long And Intra Shorts Levels With Intraday Stoploss And Targets Generated Automatically But They Should Square Off Positions On The Same Day Before Market Closes On That Day While Positional Traders Can Book Profits At Support And Resistance Lines Generated Automatically When Previous High Or Low Is Not Been Taken Out ,For Their Long Or Short Positions And Try To Re Enter Again If Part Booking Is Done At The Support And Resistance Lines.

THIS SYSTEM CONTAINS :-

Intraday Levels For Intraday Traders
Hourly OHLC (CHR_H =Current Hour High)
Previous Hour OHLC (HR_H= Previous Hour High)
Previous Day OHLC (Pdayh=Previous Day High)
ATP (Average Trading Price) For Intraday Traders
Mechanical Buy Or Sell Signal Generated With The Trend.
W.D.Gann Swing Trading System Added For Intraday Traders To Quick Mint The Money Red Line Denotes Down Trend And Green Line Denotes Up Trend Change Position With Color Of Lines
This Is Trend Following System As It Is Said That Trend Is Your Friend And Those Who Are With Trend Only Make Money.