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WaveTalks
Jun 24, 2020 6:18 AM

ITC-B-Point Magical Pull 194-195-Selling The Tops!(Nifty @10552) Short

ITC LTDNSE

Description

Disclaimer
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All investments involve risk, and the past performance of a security, industry, sector, market, financial product, trading strategy, or individual’s trading does not guarantee future results or returns. Investors are fully responsible for any investment decisions they make. Such decisions should be based solely on an evaluation of their financial circumstances, investment objectives, risk tolerance, and liquidity needs.


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Trading Strategy
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Plan A

Selling The tops 194-195 as suggested last week from the Video Idea - Shark Bounce Expected 194-195. Expect 190-191 (Target 1) / Below 190 for 183.50-185 (Target 2)

Last Video Idea - ITC



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Plan B

Selling below 183.50 (Strictly) for 180 / Below 180 -More on downside----------------or-------------------Buying Above 183.50 if 183.50 is not pierced downside

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India Nifty Update


Selling The Tops 10540-10560 zone as suggested in the Reliance Last Video Idea

Nifty Snapshot Tops at 10552 Highs- 24th June 2020


Reliance Last Video Idea - Part 2- Careful Below 1600 Highs

Trade active

10:44 Hrs / 25th June 2020

Last Price @ 195.55

As suggested -----------------------------Target 1 between 190-191 was done yesterday & stock has pushed to new highs at 197.35

So any drop or holding below 196 we consider next round of selling but strictly below 196

Avoid Sell Positions - If crosses 196 & trades above 196

Trade closed manually

15:08 Hrs / 25th June 2020

Last Price @ 203

Not Trading Also is a type of trading as suggested - we are not selling the stock if ITC trades above 196- Happy not in sell camp. Stock rallied to 203 levels.

---------------------------Nifty Update--------------------------------------------------------

Another side - Expected Nifty to push upside from 10225 to 10300 / 10350 / 10375 targets upside - Happy that 2 targets were done from 10225 to 10360 levels.

Thanks & Good-Bye
Comments
Akshay77
Thank you sir
TURTLEDR
Nice, thats an Om with an Uptrend👌 in your logo am I correct.
WaveTalks
@TURTLEDR, Yes. you can see him everywhere so he is visible in my brand image as well.Cheers!
sammitajmera
really love the way you present your ideas with so much clarity and conviction. Keep up the good work stay safe, stay healthy! God bless you!
surajkokate1990
Fabulous work.
kish11
ABHISHEK H.SING NICE WORK SUPER IDEA
Arvind_Srinivasan
now itc has pendant pattern formed in one hour chart frame..!
Xensatt
Good use of Fibo Levels!
justTA
ITC rallied 202!!!!
sankar1804
Hi Sir,
I am bit confuse how you are choosing the X point. What time frame we have to use for harmonic analysis.
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