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bijoy2526
Nov 9, 2020 1:29 AM

Huge gap up in nifty? Long

Nifty Bank IndexNSE

Description

Sgx nifty trading above 12400.
it seems we will have gap up in bank nifty too
don't think of shorting unless you are convinced that reversal has taken place.
we are in strong impulse wave...let us see how many targets bank nifty hits today.
dow future also trading more than one percent higher.
how was my post of nov 6?
dont forget to like my post.
follow me to get updates.

Comment

looking for comments and likes...
Comments
apoojit
sir, ur tips are really doing well.
thanks alot sir.
Parasuram
dow is 1300 points away from all time high.. if it has to break may be we can strech ourselves 1:2 of the range break out.. who knows.. lets watch
VishalSancheti
Nice.. I am holding my longs from 11600 levels infact took few more at 12025 gap up.. These strong gapups indicating strong big 3rd move which shall be very very impulsive.. It shdnt be shorted rather book profit at confortable risk taking apetitie levels..
bijoy2526
@VishalSancheti, you have nice trading skill no doubt. bank nifty is 17% still to cover to reach at all time high. bank nifty will give one chance to enter again. I am also holding long position.
VishalSancheti
Monday and Friday seen as circuits either upper or lower.. Hope Something shd pan out today.. Enjoy trades..
Parasuram
when the range 11500-12000 broken - it can rally 500 points from the break out are.. so 125000-50 on the cards... but Dow is not making all time high whereas we are making . as u said we wil have to wait for reversal signal.. our operators can hold the market high and celebrate Diwali too.. lets watch..
bijoy2526
@Parasuram, dow will break all time high.
VishalSancheti
@bijoy2526, reliance looking fishing for short term pull back,,, hope it wont spoil the party
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