Positive trend noticed in NIFTY on short term time frame. NIFTY is expected to be positive till 23rd Sep even after biggest drop today (3rd Sep). The price touched lower line in trend channel and it is perfect price to enter into market.
Keep notice NIFTY progress after 4th Sep, 2019 11:45 AM. The NIFTY should turn positive after 11:45 AM. Incase NIFTY fall below trend channel or keep falling even after 4th Sep, 2019 11:45 then square off (Stop Loss) the trade.
Target 1 : 11274
Target 1 date : 13th Sep, 2019
Target 2 : 11509
Target 2 date : 23rd Sep, 2019
Keep notice NIFTY progress after 4th Sep, 2019 11:45 AM. The NIFTY should turn positive after 11:45 AM. Incase NIFTY fall below trend channel or keep falling even after 4th Sep, 2019 11:45 then square off (Stop Loss) the trade.
Target 1 : 11274
Target 1 date : 13th Sep, 2019
Target 2 : 11509
Target 2 date : 23rd Sep, 2019
Comment:
As expected today, nifty shows positive momentum after 11:45 AM. This good sign for short term. Let us keep close eye on price movement and notice the price move inline with arrow pointed.
Trade closed: target reached:
Target 1 date reached, but the target price was not reached, still nifty moved 300 points up. NIFTY is expected to fall from 12th Sep, 2019 and reach till 10900 before reaching target 2.
As there is slow down in NIFTY for target 1 seen, the revised target 2 : 10400 and target 2 date : 23rd Sep, 2019
As there is slow down in NIFTY for target 1 seen, the revised target 2 : 10400 and target 2 date : 23rd Sep, 2019
Trade closed: target reached:
Hit the target like BOSS.