shiv2798
Long

Long On Reversal ( A lesson of Market Chameleon )

NSE:BANKNIFTY   NIFTY BANK
This Indices is Making a very fancy pattern , and it has two possible ways to make ,
01) It may bounce near 24450 and Make a way to 27200+
02) It can brake the level of 24450 and come down 23200 then take deep consolidated price action in BNF Scrips then Bounce
In My the possibility of second is very high than the 1st view , because if market corrects deep and then bounce it will potentially can make strong and stable move in upward direction
Lets see how it unfolds
Regards
Comment: Did you miss me ? Humm
Trade active
Trade active: Short trade active for possible reversal area til 24500 ,
Comment: Here is the small matter i would like to add , i had presented in P & F chart that the BNF is going to make 26100 and well you all know it made at that moment i went short because i know form that place where it is heading , but i have stopped posting here , not regularly , so the Gap is high for many to understand my Charts or Gauge it , the trade gets active always towards dominent trend , its not important weather the charts are placed as Long or Short , this chart was addressed as Long on reversal , and the area of reversal is explained in the chart , Kindly read it if you do not understand then you can ask it
Comment: ha ha ha ha
Comment: Yeeeeeeeeeeeeeehaaaaaaaaaaaaaaaaa
Only Professionals make money , ha ha ha ha
Comment: Well some one challenge me that my fore cast did not work Price did drop to my level 1 , 24207 in BNF and then bounced and this is called technical analysis
Some cartoon only know how to comment in charts but really do not know how to take trade
Trade closed: target reached: Well made to my target and then fell , ha ha , OOOOOOOOps , many are still stuck , ha ha
Haha that was BANG ON!!
HATS OFF to your technicals.
Your work says it all.

Regards
Reply
shiv2798 chetan999000
@chetan999000, Thanks Chetan
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like always i was thinking whether u spotted reversal much earlier... but asked u since 24500 is on the cards
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shiv2798 Parasuram
@Parasuram, it has made in BNF 1st min it went to 24207 , second min it was 24500 trade took place , Check BNF DEC 2017 Contract , always have patience and co ordination of social/ political up coming views in mind , surely you will make better fore cast ,
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please make it explicit! now we get u!
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no one understands u! r u short or long?

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shiv2798 Parasuram
@Parasuram, You have to understand the direction of trend with your views ,
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@shiv2798 Sir is it long or short???
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shiv2798 dasAbhishek
@dasAbhishek, Abhishek its short for possible downward target , the its long on reversal ,
+1 Reply
your analysis are great.
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