Nifty August TDX Levels -

3 ส.ค.

Observation:
The month has erupted with a bearish undertone, casting shadows over the market’s horizon. It’s a turbulent start, fraught with uncertainty .

Bulls:
Despite the indicators flashing oversold, there’s a flicker of hope—a glimmer that a resilient bullish pattern might awaken on a smaller time frame. Yet, patience is vital; we must wait for that decisive moment when the market reveals a clear bullish formation before boldly stepping in.

Bears:
Since the dawn of last month, relentless downward momentum has engulfed the markets .
Now, only a tentative pullback, should tempt us to initiate fresh short positions, for the risk-reward landscape remains perilous and unkind.

Conclusion:
The true opportunities lie at the crucial junctures—those key Support and Resistance levels, pausing points within the intricate dance of Time Cycles. It is only when these points are reached that we should reassess with clarity and resolve. The probability of an Impulsive wave surging forth is high; the current Corrective wave has hit its targets, yet its story remains unfinished—setting the stage for a potential dramatic turn in the market’s saga.

For sharper insight and a more profound understanding, I urge you to view the chart through the hourly lens. Only then can the full emotional weight and strategic clarity of these movements come into focus.

10 ส.ค.

การซื้อขายยังคงดำเนินอยู่

First Week:

Observation: 24700 - 24200

Nifty, in its fierce resilience, valiantly tried to break into the coveted bullish zone of 24850, only to be ruthlessly pushed back by relentless bears. We closed the week battered and bruised below 24700, teetering in the shadows of bearish territory.

Bulls:

Despite the chaos, there’s a glimmer of hope pulsing beneath the surface. No clear buy or bullish divergence signals are flashing, everything is oversold. The pivotal level at 24200—standing firm at the intersection of the 200 DMA, the 0.382 Fibonacci retracement, and the time cycle—becomes our beacon of hope. Unless prices manage to hold this ground with relentless resolve, engaging with the market feels like risking everything on fragile threads.

Bears:

The bears, emboldened by recent victories, can ride this wave, taking profits at 24200. For the boldest among them, a breach below this point could unleash another devastating 200-point plunge. Yet, caution is paramount—an unexpected spark from any positive news, like a bullish burst from Trump, could ignite markets into a fierce rally, catching everyone off guard.

Conclusion:

Now that the storm of earnings season has passed, it’s time to shift our gaze outward—to the macro and geopolitical landscape that shapes our destiny. It is these forces, coupled with quarterly results, that will determine our path forward. We must be wise—resisting impulsive reactions—and only tread when the bigger picture is crystal clear. Our resilience lies in patience, discipline, and strategic insight.

Stay tuned for my daily updates—early signals can make all the difference in navigating these turbulent times.


For a sharper, more profound understanding, I urge you to view the chart through the hourly lens.

17 ส.ค.

ปิดการเทรด: ถึงเป้าหมายการทำกำไร

Second Week:

Observation: 24700 - 24850

Last week, the Nifty burst onto the scene with a daring Railroad Pattern, igniting a flicker of hope for a reversal that could change everything. Yet, despite the fierce resilience of countless battered soldiers fighting within, it faltered at the bearish border—poised on the edge, aching to break through but unable to cross. With numerous technical and fundamental forces rallying behind the bulls, fueling their courage. The burning question remains—can Nifty finally surge past 25850 and thrust itself into a realm of bullish triumph?

Bulls:

A decisive close above 24700 would serve as a passionate rallying cry—an awakening of the bull spirit poised to seize what’s within reach. This could ignite Promising Stocks eager to lead the charge. In this crucial moment, the battle for leadership will be fierce, and choosing the right stocks could determine destiny.

Bears:

A brave, yet cautious stance demands a close below 24600—a signal to step back and observe if the market shows signs of retreat. Such a move might offer a limited but meaningful downside target of 24200, giving bears a chance to hold their ground. Perhaps it’s wise now to take a moment of pause, a strategic sabbatical. The market’s mood is unpredictable, but patience and conviction could turn the tide in your favor.

Conclusion:

The time has come to rally around the Stocks that have shown resilience and promise—those shining beacons on the horizon of opportunity. They hold the potential for a luminous future, and now is the moment to rewrite our portfolios with faith and fervor.

24 ส.ค.

บันทึก

Third Week:

Observation: 24850 - 24700- 24400

Last week, the Nifty soared, shattering every barrier that dared to stand in its way, its spirit ignited with unstoppable momentum as it surged into bullish territory. Hope fluttered aloft like a soaring bird, and dreams of victory seemed within reach. Yet, just as the dawn breaks through the darkest clouds, a sudden betrayal struck — the brave supporters that uplifted it retreated in confusion, leaving it vulnerable to the ruthless bear’s relentless assault. In an instant, every ounce of gains was ruthlessly stripped away, torn apart like fragile paper in the storm’s wrath.

Bulls:

The fervor that once drove the bulls has now been smothered under crushing defeat. The last week’s relentless push has again turned the tide against them, drowning their hopes in a tide of despair. A close below 24850 would gut the very heart of any hope for a revival — a crushing blow that would leave dreams shattered and prospects bleak. For now, the bulls must hold their ground cautiously, abstaining from reckless charge below 24850, and instead, seek solace in the tentative support at 24700, where faint whispers of hope flicker still.

Bears:

The bears, patient and cunning, who waited in the shadows for their moment of reckoning, have finally struck with ferocity. Their victory is tangible, commanding, and unwavering, riding this fierce rally with relentless determination. They stand poised to press their advantage until exhaustion whispers in the air at 24700 or even 24450 — their conquest, if only for a moment, feels unstoppable, their shadow cast over the market’s future.

Conclusion:

Since the dawn of this quarter, the bears have wielded an iron grip, their dominance undeniable. Those daring enough to seize the opportunity at the right moment have reaped the rewards — their victories inked in the fabric of the market’s shifting tides. For the bulls, the road is fraught with peril; unless the geopolitics find a flicker of stability, they can only nibble at the edges of opportunity, waiting for the elusive moment when the cat finally rests. The battle rages on, fierce and unyielding — only time will reveal which side will claim the dawn.

31 ส.ค.

บันทึก

Fourth Week:

Observation: 24000 24300 (200 DMA ZONE)

The relentless battle between the bulls and bears in August seems to have finally found a fragile lull, a moment of hope and possibility. Now, with indicators plunging into oversold territory and the vital support of the 200-day moving average just below, the tide appears to be turning in favor of the bulls. The geopolitical landscape is shifting positively, igniting a flicker of optimism—it's now up to the brave, passionate bulls to rise, seize this moment, and ignite a rally that can lift us all. Even the Bank Nifty, after touching the depths as per wave theory marking W5, seems to have found its footing—a sign that a new dawn might be on the horizon.

Bulls:

This is the moment to ignite your courage! Begin by rallying around the financial sector—let Bank Nifty lead the charge, inspiring confidence and momentum. From there, let the surge ripple across other sectors. But remember, in this crucial phase, stock selection is your armor—prefer those untouched by tariff policies, buoyed by promising geopolitical winds. By Wednesday, clarity will emerge—whether this is the start of a genuine turnaround or just a fleeting moment. If uncertainty persists, the next horizon for reassessment will be September 15.

Bears:

Only the most daring, aggressive bears should step into the arena—always vigilant, with stop losses and risk-reward ratios guiding your strategy. Avoid stocks battered and beaten down, instead seek those exhausted from previous uptrends—stocks hanging by a thread, waiting for the final push. This is a game of patience, precision, and nerve.

Conclusion:

Right now, our markets resemble a gripping tennis match—fierce, unpredictable, with fleeting moments of opportunity for both the determined bulls and steadfast bears. In such turbulent times, only skilled professional traders can truly navigate the storm. For the average investor, the wisest choice may be to remain a vigilant spectator, watching anxiously from the sidelines, waiting for that clear, blue sky—hope shining just beyond the horizon.