NIFTY
Trend-Flat
SENSEX
Trend-Flat
If NIFTY breaches 5440 and stays above at least 5410 with good volume then NIFTY trend is becoming 'STRONG' and may see 5480 and 5530.If Nifty breaches 5323 and stays below 5353 then NIFTY trend is said to be 'WEAK'.Then expected lower targets are 5280 and 5230.
If SENSEX breaches 17920 and stays above 17834 with good volume then Sensex trend is becoming 'STRONG' , possible upper targets are 18040 and 18190. If SENSEX crosses 17577 and stays below 17664 with good volume then Sensex trend is said to be 'WEAK'.Then expected lower targets are 17450 and 17300.
Weekly break out level to watch on NIFTY Spot- 5440
Weekly break down level to watch on NIFTY Spot- 5323
How to trade with trends?
On normal trading days if the trend is 'STRONG' the stock or indice is a buy.If the trend is 'WEAK' the stock or indice is a sell.If the trend is 'Flat' one must hold the stock or indice. 'FLAT TO STRONG' trend indicates that one must buy stock or indice on declines for small targets.'FLAT TO WEAK' trend indicates one must sell on rally for small targets.
How to apply trend analysis on stocks?
You can apply trend analysis on stocks also.If the trend is 'STRONG' Select strong stocks and buy with stop loss.If the trend is 'WEAK' Select weak stocks and sell with stop loss.If the trend is 'FLAT' Select strong stocks and buy with stop loss. Also select weak stocks and sell with stop loss.
If the trend is 'FLAT TO STRONG' Select strong stocks and buy on declines with stop loss.If the trend is 'FLAT TO WEAK' Select weak stocks and sell on rallies with stop loss.
NB- As the title indicates this analysis is prepared for Weekly trading purpose.As it is clearly based on momentum and technicals it may have slight impact on Next trading session also.Some times we are considering news also.There are several methods to calculate support and resistance.If you have your own method for analysis we recommend to use that.All the above values are technical calculations with out any guarantee .Keep this values in mind while trading.Trade at your own risk.
Trend-Flat
SENSEX
Trend-Flat
If NIFTY breaches 5440 and stays above at least 5410 with good volume then NIFTY trend is becoming 'STRONG' and may see 5480 and 5530.If Nifty breaches 5323 and stays below 5353 then NIFTY trend is said to be 'WEAK'.Then expected lower targets are 5280 and 5230.
If SENSEX breaches 17920 and stays above 17834 with good volume then Sensex trend is becoming 'STRONG' , possible upper targets are 18040 and 18190. If SENSEX crosses 17577 and stays below 17664 with good volume then Sensex trend is said to be 'WEAK'.Then expected lower targets are 17450 and 17300.
Weekly break out level to watch on NIFTY Spot- 5440
Weekly break down level to watch on NIFTY Spot- 5323
How to trade with trends?
On normal trading days if the trend is 'STRONG' the stock or indice is a buy.If the trend is 'WEAK' the stock or indice is a sell.If the trend is 'Flat' one must hold the stock or indice. 'FLAT TO STRONG' trend indicates that one must buy stock or indice on declines for small targets.'FLAT TO WEAK' trend indicates one must sell on rally for small targets.
How to apply trend analysis on stocks?
You can apply trend analysis on stocks also.If the trend is 'STRONG' Select strong stocks and buy with stop loss.If the trend is 'WEAK' Select weak stocks and sell with stop loss.If the trend is 'FLAT' Select strong stocks and buy with stop loss. Also select weak stocks and sell with stop loss.
If the trend is 'FLAT TO STRONG' Select strong stocks and buy on declines with stop loss.If the trend is 'FLAT TO WEAK' Select weak stocks and sell on rallies with stop loss.
NB- As the title indicates this analysis is prepared for Weekly trading purpose.As it is clearly based on momentum and technicals it may have slight impact on Next trading session also.Some times we are considering news also.There are several methods to calculate support and resistance.If you have your own method for analysis we recommend to use that.All the above values are technical calculations with out any guarantee .Keep this values in mind while trading.Trade at your own risk.
