NSE:NIFTY   Nifty 50 Index
1286 views
25
Well i am re-posting it again because the trend seems to be punishing everyone Most of retail traders have lost huge money trading F & O due to slow moves
( Bi-directional) and Lots of Options being sold at very expansive premium in the history and they shred the value very sharply on the both the direction

there are only 2 People in this trading view community who have posted Long and their forecast is nearly to recent high , but my forecast changes form everyone due to Experience and Knowledge , dont be surprised if you see few trolls ( who has tendency of copying my chart ) posting the same view after i post this public post

Time is 14.53 PM IST ( i had to give time also because of past experience of trolls copying my chart and posting it with in Few Mints )

This move is going up side for the 10300+ , down side is very limited , Wait for Proper set up in 2 Hour charting system and take a trade for long set up , shorting at this stage is not a Good idea

Good luck
Trade active: The Winner is ShreeKrishna , You can always make money when you know how the system works ,

As A fact i am so bored of earning Money , I want to spend it , but sad COVID 19 has spoiled the joy ,
Comment: We made entry at 8700 so far its an move of 900 Points ,

Having an Right Knowledge can lead you proper entry and Exit methods
Comment: So far from 8700 to 9800 , Like i said once You will find Many Story tellers in Tweeter , Telegram , LinkedIn , Whats Up , but The one who Knows the market moves way ahead is always the winner
Comment: The winner is ShreeKrishna , I told you its Going to make 10300+ , Now we booked our Futures Contract and Made 120, 000+ per lot , Now we are holding Options Low risk instrument ,

Well i can say only one thing , If you know what you are doing then you will Probably make some Progression in Your trading Financial instruments

Lots of Tweeter , Telegram , and Whats Up Group was talking bearish when I posted this , Few even Sold CE Options and burnt their capital ,

One cartoon Character was trying to troll my chart saying i dont know TA

Well i can Accept any Open challenge if you can beat me live trading one to one session if you lose i dont need your money , if you win take my money at least million dollars +

Looking forward anyone who wants to challenge me

Yeeeeeeeeeeeeee haaaaaaaaaaaaaaaaaaaaaaaa
Comment: The Winner is ShreeKrishna , I told you we are holding some Options , I did not tell you Put or Call , ha ha ha ha , We booked Put Option for 9500 , We made tons of Money in it ,
Lets come to New Update on Nifty

I am looking side way pattern before making one more new high to 11200 , Now this move is very volatile so I do not expect it will be easy to identify in the pattern but still i have made some efforts in updating the charts

Look for better set up for Next move
Comment: One really Need balls to Give forecast at the time when everyone one is talking negative , War ,
Facts are far away form their thought process ,

Lets say new this move will stop after 11200
Trade closed: target reached: Well so many messages today , When our Friends booked their Holdings ,
so many wishers ,
It made to my 1st Forecast Target , Second one should go if the current trend is not violated

So many crazy Investors , One of my Investor he made around 11 Cr in this entire 40 days and he is mad , He is has bought 1 K G Gold chain for me and he is in my Home today , , what a people

My God these are crazy investors

Sorry i was off line form Morning due to lots of people had come today to my home ,

My Investors have made form 7 Cr to 11 Cr with in 40 Trading days , they all spoke to each other & info me last mints and visited my home today

I call it satisfactions of my work ,

I will update on Friday new Chart for Nifty
The Next Educational Course starts on Sept
Those Who are Interested in Learning
Wave Theory Can reach me DM
Course Period -6 Months

Comments

This is wave D of diamteric pattern forming, which may go upto 9540-9442 levels and then upside target as you said but not confined with 11200 levels.. It tells for 10400-10500 levels..
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so whats the downside target in the short term 8700 or 7300 or 6200
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ShreeKrishna VishalSancheti
@VishalSancheti, You can look for some Experts view , I am not that Good enough
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Agree with this view overall. NIFTY is in demand zone till 8960 is not taken out decisively. RR is in favor of bulls. Option buyers might get nothing due to whipsaws, but 10K+ coming.
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For me, the chart pattern looks like a rising wedge. Generally, wedge is a reversal pattern. Hence, most probably, the nifty may come down. Let us be prepared for that also.
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ShreeKrishna balacement
@balacement, Yes i am not surprised with your view , because the entire technical analysis is based on visual information , What we look and how we interpret it
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Sir, is this a case of ending diagonal or its a something like end of A wave at 10300 or something else as trying to learn to Elliott waves.
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ShreeKrishna hirenradadia
@hirenradadia, You can read again the wave theory , because its important where do you find the Ending or Leading diagonal and Why ? so keep reading and try to learn with your own methods

Good luck
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Till vaccine comes the market is going to be down
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Thanks for your view after long time sir ..
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