Let everybody else speculate on the future.. "The future is uncertain and the end is always near..." For us it is alsways full of possibilities.
"This is my trading journal, not a trade recommendation. Will be Posting and updating the ideas regularly in related ideas linked below, as market progresses, only for educational purposes for me and others who want to benifit from my experince. You can see the journey till date in linked related idea below - Nifty: One last Photon
DISCLAIMER: Trading in the stocks market or futures markets is one of the riskiest forms of investments available in the financial markets and suitable for sophisticated individuals and institutions. The possibility exists that you could sustain a substantial loss of funds and therefore you should not invest money that you cannot afford to lose. Nothing in this analysis is a recommendation to buy or sell stocks or futures and I shall not be liable for any loss or damage, including without limitation, any loss of profit, which may arise directly or indirectly from the use of this analysis or reliance on such information. Consult your financial advisor prior to investing is stock market.
This is one person’s experience, your experience may differ. Past perfomance is not gaurantee of future gains.
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I AM GREATFUL THAT THIS IDEA HAS BEEN CHOSEN FOR EDITORS PICK. IT IS VERY MOTIVATING HENCE I AM SHARING ALL OF MY CHARTS FOR SHARING FOR A WEEK FOR EVERYONE TO VIEW AND COPY. THANKS.
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on weekly chart
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Question is will Nifty give same opportunity tomorrow morning?
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Above char is of SGX Nifty at 10:04PM
Trade active
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Initiated long @ 11400 with stop loss at days low@ 11330
Trade closed: stop reached
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Sl hit
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slope of price :
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These lines can be traded
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Target is red median line
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Done
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Trade these shaded pitchfork lines if Double Top is not busted. Otherwise unshaded pitchforks lines.
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What if this organised selling spree continues....for one more reaction leg of same length ....one can expect an parabolic move afterwards. 3 push up 3 push down....and boom.
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Action reaction lines
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Movement has started. See "Winter is coming" ideas. What Next now? B was a failure, so if A has to double up, next target is up to C
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I am clsoing updates on this link, and will be updating on latest link "winter is coming"
@shubham12floor, YEH ..Once you are in Rhythem it rolls..all night. Just dont forget to Keep your eyes on the road and Your hands upon the wheel.
sadhusaheb
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@sandeepkumarmeenagreaternoida, the doors ftw
AniketKabir
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@sadhusaheb, point is...are you profiting from idea?
AniketKabir
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Child swings are in making...let us wait and watch for few more swings to confirm...if mother is coming.
zeeshanshadab
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do you still believe there is a possibility for nifty to reach 11700 now or it might continue downtrend?
AniketKabir
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@zeeshanshadab, as long as last significant swing low is protected (@11111); it should go up.
mcpriceaction
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@zeeshanshadab, if global views negative short term bearish nifty can be seen
For detail stay tuned to mcpriceaction
AniketKabir
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@mcpriceaction, global views changes overnight. What is important is..what market is telling you. Small stop losses are part of the game. Nothing to be wary of. Market will give opportunity again, will you be able to catch that? Long or short it doesn’t matter for me.