Nifty Sentiment for November 12 2021

Zaktualizowano

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.

Uwaga
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
Uwaga
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
Uwaga
11:36 AM : Nov 11: Sell NIFTY Future with a SL of 18020
Uwaga
Reason : Sentiment Negative and Resistance to " BUY above 17984.71"
Uwaga
Momentum is low
Uwaga
Exit all SHORT as 17984 has become Support
Uwaga
14:43 Big FALL . Exit any CE ASAP
nifty50Trend Analysis

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