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TradingSutra
Dec 9, 2020 6:58 AM

NIFTY: Very near to the end Short

Nifty 50 IndexNSE

Description

If the level of 10800 was a wave 4 , then nifty should not cross the level of 13800. As per the elliottwave principle wave 3 cannot not be the shortest among wave 1, wave 3 and wave 5. One should start shorting nifty near that zone keeping sl of 13900
Comments
KINGJAMES-KNIGHT
WOW,
literally men hands off to your analysis i am not just saying it randomly i analysed your setup and checked by overall calculations,
thats GREAT guys
Keep your level always HIGH
because, Retailers & other idiots will never understand
literally great
as a price action trader i know how much valueable view you placed for free here
god bless you all
TradingSutra
ashoksnm
good one, reversal will start soon :-)
TradingSutra
@ashoksnm, thanks, hoping so
craviraman
Bhai, are you going to close this call or still open,if yes then what is new SL.. or should I wait to go broke? One more lessons learned today..if your own analysis matched with some senior analyst then you get more convinced and there are chance of oversizing.. i was bearish and then I saw this article and still holding short position with all-in. Market never rest and will teach you new lesson everyday..
TradingSutra
@craviraman, Everything is mentioned in the description. In trading there is no NEW SL ....once it gone its gone . You should learn the basics of risk management & then start trading !
craviraman
@TradingSutra, thanks,agree, I missed to follow basic rules of trading...
TradingSutra
@craviraman, by the way the idea acted well and good for those who had shorted in that zone. The only pain is left with some greedy people who haven't booked the profits in that flash downspike .
UpendraBabu
Awesome Statement sir, What will be the Downside Target sir??
craviraman
Target please
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