AbhishekHSinghCMT

Nifty- Its Nifty's Turn With Amar ..Akbar..Anthony..

Long
NSE:NIFTY   Nifty 50 Index
412 views
13
10:00 Hrs--IST--11th Aug 2016

Current Price-8578

Nifty---Amar ...Akbar ...Anthony(Looking for Your Support)....If Market Supports Anthony...You Know ..He had potential to become a superstar & he turned his dream into reality...So, Guys......

In Traditional Analysis--Its 3 point contact for a valid trendline----

Won't you support Anthony....in the range 8525--8540...Yaa in doing so...be careful Anthony should not tumble below 8518 with strong momentum...

Trading Strategy-1--- Look for a support in the range of 8525--8540...with stoploss slightly below 8515..One can go with Anthony for his life push towards...8700--8750 zone....back....

Trading Strategy-2--- Let Nifty Bounce in the zone 8600--8620...& fall below 8590...Putting a stop slightly above 8645...one can look for 8525--8540 zone ....where our trading strategy --1 gets activated....

Alternate Strategy-- If Anthony fails to get support & goes below 8518...in that case look for the momentum downside & can go short with stop above 8665..for downside targets of 8470--8480...

Regards,
Abhishek H.Singh,CMT
Trade active: 12:55 Hrs--IST--11th Aug 2016-- Bang On...for the bounce from 8575 since early morning to the desired zone 8600--8620.. Session high was 8600--aha....Look Nifty Slipped below 8590....Current Trading at 8560...Brokennnnnnnnnnnn.....Now Nifty will likely kiss 8520--8535 zone...

Regards,
Abhishek
Trade active: 13:40 Hrs--IST--11th Aug 2016---I cannot update immediately---Book & Out at 8545 ...very close to target zone...8525--8540....

Bounced to 8565...

Regards,
Abhishek
Trade active: 14:45 Hrs....Money is pouring In....Upparwal jab deta hai toh chappar phad ke deta hai....Keep filling your piggy bank...Now Strategy--1 working in progress...

Regards,
Abhishek
Trade active: 15:00 Hrs--IST--11th Aug 2016---- Nifty...Up...Up...& Away.........

Regards,
Abhishek
Trade active: 15:00 Hrs....IST--11th Aug 2016----We are running with an unbeaten century on this day of 11th Aug 2016.....

Regards,
Abhishek
Trade active: 10:30 Hrs-IST-16th Aug2016- Nifty Going Above 8700-can push upside in the zone 8730-8740. One should not carry any long positions unless we some kind strong momentum on upside above 8750.

Regards,
Abhishek
Trade active: 13:00 Hrs-IST-19th Aug2016-- Any Move Above 8690-8700 will push nifty in the zone 8735-8750 zone to kiss the upper resistance line.

Regards,
Abhishek
Trade active: 09:25 Hrs-IST-24th Aug2016- Still some steam is left.. If goes above 8650 & sustains for few minutes - one can look for 8700--8720 as target zone.

Best Regards,
Abhishek H. Singh, CMT
​Growth Director - TradingView India

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