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Nifty Demand and supply zones according to me Nothing to add much, in such markets i love to fall back to basic rules. For me the most basic rule of the market is Demand and Supply. Market never turns its back towards this system, price will always respect these zones. Other two systems i will prefer after zones is channel and Fibonacci, have used all three in this chart. Mark these levels on your chart. This chart is having extremely important data in it, analyse this chart deeply. I know i am sharing idea after long time, was busy with some stuff hence forth will try to share ideas more frequently.
NSE:NIFTY
by dhananjay.d.joshi
3
I was wrong, but I was never in doubt about the $SENSEX!Just after I published a recording on a dead cat bounce, immediately after the market started inching upwards, as if someone had switched a bot on. Was this a coincidence, or are there bigger conspiracies at play :D -- or was insider buying taking place? I don't watch / listen to the news, because it brings very little value these days. And the markets factor everything before the reports can report. So what's going on? Take a look at the 5 minute chart to see unusual buying behavior. Could it be just pharma stocks rock and rolling or could it be MSCIs weightage adjustment for India. Let's have a relook and decide what needs to be done next.
BSE:SENSEX
by bayfolio