Nifty Statistics: NIFTY VIEWS FOR THE WEEK

As Said In The Last Week That Nifty To Book Part Profits Above 5150 – 5200 Zone And Nifty Made High Of 5169 Also There Is Cluster Of Resistance Between 5170 – 5215 Levels And Also Hourly Were Overbought And There Was Resistance Near 5170 Levels And Nifty Just Returned From There Now Looking At The Weak Globle Ques Nifty Could Gap Down On Monday Near 4990 Levels And If There Is More Weakness In Globle Markets On Monday Nifty Could Take Further Support Near 4954 Levels This Support Is Minor Support, So Not Holding Can Drift Towards 4800 Levels. Also Nifty Has Closed Below Trendline On Daily Charts Which Indicates Weakness On The Week Closing With Bearish Engulfing Candle Covering Last 3 Days Gain

So Those Who Have Shorted Nifty On Friday Can Hold With Sl 5125 Levels. If Market Gap Down On Monday Wait For Orb To Sugest The Direction And Trade Accordingly Also This Week Is Full Of News And Events So Be Cautious And Trade Accordingly. Always Part Book Profits In Your Trades As It Makes Us Healthy And Tension Free To Re Enter On Rallies. Nifty Shall Remain Weak Below 5030 Levels And Strenght Shall Be Above 5085. And Below 5030 Levels Nifty Could Test 5000 – 4990 – 4950 – 4895 Levels Also On Upside It Can Be Tough To Cross 5200 Immediately. If Nifty Remains Below 5050 Levels And Does Not Slide Further It Could Consolidate Between 4950 – 5150 Levels For Some More Time Before Making Attemp Towards 5200 Levels. This Correction Could Be Over By 16 Sept Approximately.

NOTE :- This Are My Views

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.