Nifty Turns from 9700-9725 - Look at past trading sessions -nifty halted in the zone 9700-9710. If Nifty holds this zone we can look Nifty to push intraday for 9790-9850- if extends upside then 9890-9920
When resistance turns its role into support which is the current case we call the zone as "polarity zone" & level as "polarity level" - useful for guys who are doing their CMT Exams.
But be careful of geo political tensions between America & North Korea.
When resistance turns its role into support which is the current case we call the zone as "polarity zone" & level as "polarity level" - useful for guys who are doing their CMT Exams.
But be careful of geo political tensions between America & North Korea.
Note
14:04 Hrs 11th Aug2017Last Price@9702
Below 9700 Is risky to hold long positions. Bulls will be alive if it remains above 9700
Note
14:12 Hrs 11th Aug2017Last Price@9700
Also remember - when harmonic pattern fails it will be sharp move on opposite direction so below 9700 -it has to move sharp downside for trader to take short positions or there could be trap downside for sellers- it can't drag slowly & slowly downside.
Trade active
17:38 Hrs 11th Aug2017Last Price@9710
Only war like situation can make matters worse from here for Nifty immediately below 9680-9700 else if it sustains here then we should see some bounce next week.
In war situation- it will be a gap down.
We hope & pray that - There should be no war between U.S. & North Korea & matter is solved amicably.
Have a nice weekend.
Trade active
08:05 Hrs 14th Aug2017Last Price@9710
Likely no bad news to start & we look for the upside as expected on 11th Aug2017 - staying above 9700-9710- the bounce.
Trade active
09:25 Hrs 14th Aug2017Last Price@9760
Opens Gap Up! Awesome
Trade active
09:47 Hrs 14th Aug2017Last Price@9779
Day High@9790 - Kisses our 1st Target
Looking for a pullback - if I get it in the zone 9750-9760 - I shall use it for taking long positions.
Trade active
10:11 Hrs 14th Aug2017Last Price@9788
Holding 9775-9780 - Not going down can push nifty above 9800 levels & shall enter into our next target zone.
Trade active
10:40 Hrs 14th Aug2017Last Price@9791
Turns exactly from 9775-9776 - Awesome!
Trade active
Last Price@9785It is struggling to cross 9792-9793 so be careful as it is trying to give us some signal.
We should wait for clear breakout above 9792-9793 for an upside push else it goes in the gap zone 9718-9755 as of today & search for support.
Gap Zone should act as support to next set of moves.
Trade active
11:39 Hrs 14th Aug2017Last Price@9787
By this time, one must have realised how important some levels or zones are - at present it is 9792-9793.
It is not able to cross above that zone.
If crosses above 9792-9793 - It will explode upside why?
because positions build up tightly so don't hurry - let market show you the way & be ready to press + if you see excitement for upside else wait for downside support zone of 9718-9755 - Enjoy the Trading - Feel the Trading!
Trade active
11:52 Hrs 14th Aug2017Last Price@9796
Crosses above 9792-9793 - Time to trail your stop loss - where?
Some time back it was dancing in 9780-9785 zone- we will keep stoploss below 9775 (1 point below) & enjoy!
Trade active
13:50 Hrs 14th Aug2017Last Price@9797
Cash / Spot Nifty
Best Buying Zone for the day was 9775-9780 & 9790-9793.
Trade active
14:50 Hrs 14th Aug2017Last Price@9813
Day High@9817
Looking for short term pullback with bearish Cypher between 9810-9825 for Risky Traders & Safe Traders can join below 9790-9793 Zone.
Trade closed: target reached
14:51 Hrs 16th Aug2017Last Price@9885
Target @9890 - Done & Out - 200 Points from 9680-9710 Zone.
Best Regards,
Abhishek H. Singh
Growth Director - TradingView India
YouTube Channel youtube.com/channel/UCYcnYveYBNLD-Qp54hvZogw
Twitter Handle
twitter.com/TalksWave
Telegram Handle
(Deleted)
Abhishek H. Singh
Growth Director - TradingView India
YouTube Channel youtube.com/channel/UCYcnYveYBNLD-Qp54hvZogw
Twitter Handle
twitter.com/TalksWave
Telegram Handle
(Deleted)
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Best Regards,
Abhishek H. Singh
Growth Director - TradingView India
YouTube Channel youtube.com/channel/UCYcnYveYBNLD-Qp54hvZogw
Twitter Handle
twitter.com/TalksWave
Telegram Handle
(Deleted)
Abhishek H. Singh
Growth Director - TradingView India
YouTube Channel youtube.com/channel/UCYcnYveYBNLD-Qp54hvZogw
Twitter Handle
twitter.com/TalksWave
Telegram Handle
(Deleted)
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.