- Yesterday price broke last week high, if it sustains we can expect further bullishness.
- If price moves above PDL, then we can look for long trade
A journey of an Aspiring trader to become a successful trader using Price action method or Decision point method
21 January 2025
21-01-25 Nifty Premarket analysis
20 January 2025
20-01-25 Nifty Premarket analysis
- Last week market traded in sideways and within a range.
- Overall view - market will continue in sideways with slight bearish bias.
- Depending upon the price action of the opening
17 January 2025
Nifty Trade (-6)
- As expected, the down trend continues after pullback.
- 2nd trade was back-to-back trade. it has to be avoided. Time gap between the traded to check the inner state
- 3rd trade was tried blindly based on the big red candle. failed to notice candle formulation at the end. Also pull back end catch trade failed
17-01-25 Nifty Premarket analysis
- After gap-up, yesterday price trading in a range. Price is showing lot of reluctance to move in a bullish direction.
- Any time market will fall after pull back is over in the macro bearish move.
- There is possibility that market will slightly move up, till the gap closure level.
16 January 2025
16-01-25 Nifty Premarket analysis
- The macro trend of the market is in bearish. But temporary bullish in the form of pullback is there.
- Two days market in range. We have to see which side it breaks, depending upon which we can decide the intraday market bias.
15 January 2025
15-01-25 Nifty Premarket analysis
- Yesterday market in range mode during second half with slight bullish bias. whether this temporary bullish continues? If it breaks PDH, then we can affirm..
- As the pullback is due in macro bearish, this may also add to bullish.
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