Totka used in Idea is called Reverse Fibonacci
Using the previous leg & measuring its 138.2% gave us the top 11117 - can we get the top again at 11320- no confirmation yet so only risky traders to take sell in 11300-11320
Note - Going above 11320 ( Sell call is negated - close all sell positions & out)
Trading Strategy
Plan A - Sell below 11265 on...
I am of the Opinion that RELIANCE is on its way up -
Entry at 1275
TGT of 1310
SL of 1260
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(Note: These are kind of Trading Journals that I'm putting in for myself)
Litecoin has entered into the corrective phase of the Elliot Wave Pattern.
Wave A began yesterday with the bears taking control of the market and the market suffered a major drawdown.
The downtrend is going to continue all the way down until it finds support around the 50-day moving average at a price of about 37.29. This can be a good entry point for going long....
Motherson sumi has formed a w-pattern in the daily chart. The shareprice has just closed above the redline. I suggest to buy MSUMI at current price with SL mentioned in the chart
Correction - New Blogs can be checked on left top corner as compared to right top corner suggested over the video.
Trading Strategy
Plan A - Buy in 10650-10675 zone with strict stoploss below 10620
Targets - 10780-10800 / Buy Above 10800 for 10890/10925 / Above 10925 for 10985-11,000 & More only above 11,000 levels.
Plan B - You can sell if you see...
*** History Has the Answer - In my past ideas I have discussed the importance of 11035-11100 zone -specifically the idea- "Demand & Destiny Zone"
As suggested in last video idea - we shall buy above 11000 - trade got executed & time has come that you should be careful for following reasons next -
RBI policy decision on 7th Feb 2019
Market Breadth is...
First Sell - Later Buy
12:56 Hrs / 31st Jan 2019
Last Price@10749
Do read the update carefully & manage your risk while trading. As trading derivatives is highly risky.
Facing Resistance Above 10750 levels & Suggested in all the status updates that we shall be careful in 10730-10750 zone & holding above 10750 only we will look for 10790-10800 next...
Hi All,
Excited to come up with this video idea. Thanks for all your support. In case you want to reach me -kindly use public chat unless it is too personal
Note
Personal Messenger Reverts can take some time for me as I get 100+ messages everyday & if someone of you asking me stock suggestion -that is not possible as I have to understand it astrologically...
BnF has reversed from the .78 fib retracement in a classic channel.
It is all set to touch the support of 25400.
With the last election budget coming up, this doesn't seem far. A massive sell-off is enough.
