ashokakbari

Nifty on little bit long time frame

Short
ashokakbari Updated   
NSE:NIFTY   Nifty 50 Index
I was expecting up move from 9800 now its very near to PRZ as per harmonic pattern.
Entry around 11200 sl 11300 target First 10050

5Th wave in weekly nifty has finished.. and now making ABC ... A has done 7500 around B is running and Waiting for Leg C.
Leg C should have also 5 Wave of elliott.

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We will take short entry once it show reverse sign in Candle stick pattern on 1D chart. SL Must be that reverse candle's high Or recent swing high... i will try to keep updating this idea.

Thanks !
Comment:
this is old one where i had expected this move and nifty behave exactly same. 9576 from 10325 ... not posting chart often cause not getting appreciation here.
Comment:
nifty recent low 10616.65 .. keep sl this and go long for 10665-70... as per 5 min swing.

On 1H chart nifty can bounce from 10550-500 zone..
Comment:
this is not unexpected down move.. I already predicted one down move for 10550-10500 then up target of 11200 around
i have posted this on someone's comment.
Comment:
10665-70.. its near to target .. let me know if you don't like to update for small time frame.
Comment:
nifty just went 10666 and back to back
Comment:
1:18 PM >> |CMP nifty Spot 10583... expecting bounce from 10550-55 for 10600-10620
Comment:
willl take long entry from 10590-95 zone.. any single candle of 5 min close below 10590 .. exit from long.. .. target 10660
Comment:
entry done at recent low 10593.60 ... we will not carry position ... whatever price we get must have to book
Comment:
if nifty go below our buying price .. don't want for hope.. simply exit
Comment:
there is price rejection at 10740-50 zone... we will try to long if give chance near 10670-65 around.. don;t panic if go 10640 .. simply have to hold .. you can keep sl 10625... if don't give long chance 10670 then leave it ... we don't want to catch flight .. market is forever try to save capital
Comment:
entry done... now our strict sl 10625..
Comment:
nifty made low of 10647.. as expected swing of 10670 to 10640 zone. don't forget to put sl 10625-20
Comment:
our target will be 10900 -11000 and sl 10625-20
Comment:
10620 sl hit of the swing
Comment:
My view is still long in nifty
Comment:
what a move long means long. within 7-10 days for 11000-11200.. then big move may start as per chart
Comment:
Nifty great going... patience is important .. "dhiraj ka fal mitha hota hai "
Comment:
Nifty near 10900 you can book here ... our main target is 11000- 11200
Comment:
We are almost near target 11200.. may be tomorrow last day of BULL
Comment:
Above comment... last day of bull.. what else you want guys!! enjoy money rain!!

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