Looks like the Nifty This will high likely move up to 12500+ one of the possible structure based on R N Elliott theory
Look for buy on pull back for next forecast target
Trade active
i am looking any drop towards 11300 and reverse is a buy for next move up
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Drop has made as per forecast , one can wait for reversal or pause in the down side flow and Go long with long set up
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so far pull back buy as per forecast from 11170 to 11580 , its an 410 points you can look to book in case it drops further
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well today it made good move of 150 points So we are booking 2 lots of profits , I am looking there might be intermediate consolidation , if so we want to book 2 lots and hold rest , One can trail the stop based on HL theory
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11180 to 11900 , trail your stop to 1 hour
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OK I am booking rest 2 lots as i am looking this is Quite and Extension we can get in the middle of B wave , from 11180 to 12010 , was 830 Points I am looking there will be small correction before it makes another move up
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.