Nifty 50 : Potential Gartley & Bat pattern

NSE:NIFTY   Nifty 50 Index
In Nifty we have two potential patterns, when there is potential patterns bcos of greed we tend to trade CD moves, its really bad habit. You should not trade CD move during your learning phase of patterns. The safest setup is to trade after pattern completion from D point.

In Nifty , a week before we had more than 300 points in 10 days just by patterns but that doesn't mean that pattern is winner everytime, we should realize that fact. The above patterns may or may not complete. If it completes I will trade this setup else I will look for other trade setups. Its simple as that but don't take positions just based on Belief that it will work,its bad for your capital !

Lets wait for pattern completion....If no, lets search next trade setup !
Trade active: I got in... hereafter its Nifty's wish to hit my stops or targets :)
Comment: We had an awesome day with Nifty :)
Good one
InsiderB MadhuKiran
Targets 1 done I suppose :)
+1 Reply
InsiderB Jit127877
Yeah...trailing remaining positions for Bonaza :)
Jit127877 InsiderB
and bonanza is 64 ?
InsiderB Jit127877
Nifty is ranging so 45's... otherwise we can trail for higher targets which is not advisable in ranging !
excuse me if i hurt you.Thanks
InsiderB DebuRoy
oh No... Not at all, you didn't say anything wrong... I just said example, I'm as cool as ever & I believe, I didn't hurt you with that example, Happy Trading Friend :)
Thanks for kind notification but it is very tough to digest technical language.i am studying it very carefully.then if u give simple direcgtion where to buy & will be useful.dont take it otherwise.
InsiderB DebuRoy
Yeah ! I can understand your point, but usually I don't post exact price values. Bcos its good to teach how to fish rather than feeding fish,right ? From next post will try to do Entry,exits in more efficient way, I hope you agree :)
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