Nifty Pre-Market View.

We are, presently, following the market using "Pivot table" since yesterday.
Reading through the write up would provide a trader with an "intraday trading strategy".
The struggle is in the process of being shifted to "Sub-5900" in the coming two or three days, if prices are kept below 5995.
 "Sub-5900" has many key averages as medium term supports starting with 100dsma/10wksma.

Nifty breaks "5970", heading towards 100/50 DSMA.

We decided to follow the market using "Pivot table" this week. Reading through the write up would have given the trader an edge to makethe first successful trade for the day & the week.

Nifty Intraday Update-III

Nifty Intraday Update-II

Nifty Intraday Update-I

Nifty Pre-Market View.

Weekly Pivot: S2:5874;S1:5930-P:6032;R1:6088;R2:6190(With trend being down)
Daily Pivot:::::: S2:5892;S1:5939-P:6023;R1:6070;R2:6153(With trend being down)
We'll follow the market using "Pivot table" this week as we have done few years ago and we'll update the 5-minute chart , if possible during the day, and if not EOD.
There are varioyus studies available to "follow the markets";
Choose yours and never deviate from it.

Change your world by changing your biased perspectives....

In this world, we find people complaining about many types of misfortunes and feeling euphoric on insignificant occasions of pleasure. There are habitual pessimists blaming everyone for everything. Expressions like “This world is very bad”; “Times are bad”; “Honesty is a virtue of the past”; “Religion has been buried for good”- are very commonly bandied about.

 

If someone is in the habit of repeating such phrases, he is expressing only the impressions of his mind. Man has systematically built the image of his unhappy world by interacting with pessimistic people around himself.