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TRADING ARTICLES

Nifty Technical analysis

Nifty daily technical analysis – Price action bounced higher

By Trading Predator February 17th, 2016 No Comments

Sensex closes 190 points higher at 23,381.87 and nifty climbed back above 7100 a precision radar level, that I‘ve been mentioning since last few days on intraday basis. Sensex closed 0.82% higher, while nifty closed 0.85% or 60.20 points higher at 7,108.45. Asian shares faired broadly higher today, due to yesterday’s euphoric sentiment. Nifty started

Daily technicals

Nifty Daily Technical analysis – Closed near the open and ended the weak

By Trading Predator February 12th, 2016 No Comments

Stock market on Friday closed slightly higher and flat with BSE 34.29 points at 22,986.00 and Nifty closed nearly unchanged at 6,980. Just below the radar level 7000. Asian Markets ended lower on Friday as concerns about the health of global economy, especially emerging markets threatened investors’ confidence. Chinese and Taiwan financial markets remained close

Price action patterns | Climatic patterns

Price Action Patterns | Climatic Patterns

By Trading Predator February 12th, 2016 No Comments

Climatic patterns are extremely strong impulse moves in one direction without any counter price action movements such as corrections or retracements. On these types of formations a type of short-term mania sets in as emotional buyers or sellers chase the market in the same direction. At some point, market becomes extremely vulnerable to move in

Price action patterns (1)

Price action Patterns | Impulse moves or Momentum moves

By Trading Predator February 10th, 2016 No Comments

The first leg of the basic trending structure is often called a momentum move or an impulse move. In an uptrend, this is a relatively sharp advance driven by buying pressure (demand) overcoming existing selling pressure (supply) and creating a lack of liquidity on one side of the market. After a market has been locked

gold price action

Gold Technical analysis – Rally hits resistance level at $1200

By Trading Predator February 9th, 2016 No Comments

Spot gold price action have surged 12 percent this year, rising above $1200 an ounce. Concerns over global economy influenced market participants to buy safe heaven assets such as gold. Upcoming demand and further economic uncertainty may add more gains to the precious metal. But some prominent speculators are unimpressed by the recent gains and