Nifty Sentiment for November 12 2021

Mis à jour

Overall Trend will be DOWN with slight UP bias 9:31 to-10:19 and 11:30-12:39
Strong Down 14:43 to 15:02
UP 15:03-15:30
Important timings : 11:11,11:28,13:17,13:37,15:06-15:10

For Trading use weekly levels NOV 8-12

Buy Above 17984.71 Buy Targets 18096.64 18207.96 18297.94 18387.91 18516.00 18593.78 18859.12 19150.38
Sell Below 17848.69 Sell Targets 17736.76 17625.44 17535.46 17445.49 17317.40 17239.62 16974.28 16683.02
Imagine these as ladder ...Support at any level is BUY and Resistance is SELL.

Note

Please ignore the timings above and use the sheet for Sentiment:

docs.google.com/spreadsheets/d/1VX9mA3Fpmnx9f0tTiSuHQWQfurOrYGB0zChCKeEbHCE/edit?usp=sharing

Level 1 is Primary trend and 2 is modifier. Green is UP and RED is down

Note

The RED to GREEN or GREEN to RED will be smooth transition means it will start moving UP before the GREEN time appears and converse in most of the times.Validate and trade based on levels and DO NOT ASSUME ANY TREND. The Sentiment is a Supporting indicator and not a TRADE Signal on its own

Note

11:36 AM : Nov 11: Sell NIFTY Future with a SL of 18020

Note

Reason : Sentiment Negative and Resistance to " BUY above 17984.71"

Note

Momentum is low

Note

Exit all SHORT as 17984 has become Support

Note

14:43 Big FALL . Exit any CE ASAP

AstroAnalytica

Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.