Bear & Bull levels are unique discovery by
Arunangshu M Lahiri.
BEAR LEVEL
Consider: the Nifty
Future price has fallen by 50/60
points or even more. Now the Bulls are
entering the market.
What will be the bears' reaction? They have
been merrily taking the Nifty down for so
long. Are they now going to invite the Bulls
with open arm? No. Of course not.
The moment the Bears realise Bulls are
trying to gain control, they will fight back
more severely. They will sell more. Try and
scare away the Bulls. And if Bulls are
serious, there will be a fight developing
between the two.
The showdown takes place at a certain level
after Nifty has rebounded from its bottom
point (A valid rebound point
will have a 100% BUY set up). At
this level, Bears take a very strong stand
and resolve to stop the rampaging Bulls
here.
This level is what the Analyst calls a Bear
level. If Bulls are able to break this level
by just 2 points and takes price up to the
3rd point, the Bears will retreat.
And price will move up further, to what the
Analyst calls the Golden level, where it
will have a reaction (Fig 1).
However, if price fails to brak the Bear level, market
will e very bearish and price will make a new low (Fig
2).
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| Fig 1 |
Fig 2 |
BULL LEVEL
A similar fight happens at the top when Bears
try to snatch away the run-away Bull market
from Bulls' hands. There are a major
confrontation takes place at a level
slightly lower than the top.
The
correction will be first confirmed by a 100% SELL
set-up. If Bears
can take the price down by 2 points and
reaches the 3rd point below
the Bull level, the Bears will gain control of the
market and take the price down sharply (Fig.
1). But the Golden level is a strong level from where
price should rebound, even if temporarily.
However, if Bull level is not
breached, market will be very bullsih and price will
make a new top (Fig 2).
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| Fig 1 |
Fig 2 |
PRISM is the only
Intraday trading system which allows you to
know the exact Bull and Bear levels so that
traders can ride their profits to higher
levels. In fact, every time there is a Buy
or a Sell set-up, the trader will know with
100% accuracy up to where Nifty will move
next. If the 1st level is exceeded by 3rd
points, then the next level will certainly
come!
Imagine how you tightly you can control your Intraday
trading if you also know the secret levels
of Bulls and Bears where one will either win
or lose. You can maximise your profits and
similarly control your loss to minimum level.
Also see:
BUY/SELL Set-ups
Reversal Trades
Last Level
Stop-loss
Arunangshu M Lahiri is available on mobile nos. 097400-76212
(Bangalore) and 093308-76212 (Kolkata) as well as via
mail:
prismintraday@gmail.com.
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