Nifty Has Gained 6.15% This Week But Was Not Able To Close Above
5200 Levels As Said In The Last Week That Above 4875 Nifty Could Rally Toward
5000 – 5215 Levels. Now As Per Daily Charts Nifty Is In Short Term Uptrend But
Due To Weak Globle Cues On Friday Nifty Could Gap Down On Monday Near 4950 –
4910 Levels Where One Could Wait For Reversal And Take Fresh Long With Stoploss
Of 4870 From Where The Rally Had Started For Higher Targets. This Short Term
Uptrend Shall Terminate Below 4870 Levels So Follow Strick Stoploss Of 4870
Also There Is No Reversal Seen On Hourly As Well As Daily Charts Still While MACD And SS Are Showing Upward
Momentum But Looking At Globle Cues We Have To Remain Cautious As Well Also
Those Who Are In Long Should Also Have Stoploss Of 4870 Now And Still Advice To
Remain Long Till Nifty Trades Above 4870 Levels.Now We Are Near 20 Dma Which Is
At 5059 Levels And A Close Above 20 Dma Nifty May Try To Touch 50 Dma Which Is
At 5358 Levels. So Now We Have To Wait For Reversal If Gapdown Opening Is There
On Monday And Enter Longs With Stoploss Of 4870 While Below 4870 Longs Should
Not Hold And One Can Reverse Short Position Below This Levels For Lower Targets.
But Still As There Is No Reversal Signal Seen For Shorting One Can Wait Till
The Globle Cues Improve Or Enter Either Side With The Given Stoploss. Overall Short
Term Trend Is Up So Avoid Shorting Unless We Get Any Reversal Signals.
(NOTE:- THIS ARE MY VIEWS )
PVTS (PAISA VASUL TRADING SYSTEM)
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.
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