your graph is showing a very good Head and Shoulder pattern. you don't see it? a bad moratorium verdict will push it further till 11650
WaveTalks
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@Kakerot, Kindly contribute your ideas and let me see- how it unfolds. Later we discuss
Mishita
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bought nifty 15oct 12000pe at 177...what should I do now...wait or exit...plz reply
WaveTalks
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@Mishita, I am not an options expert so cannot comment.
shettygkrishna
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WHAT IS THE CHANCE OF 12000 CALL RECOVERY
WaveTalks
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@shettygkrishna, Have just published Nifty Buy Idea (Bullish Harmonics- Please refer). If 11790 holds then It can bounce possibly close to 11950/12000 but we need to be careful
RishabhGandhi250218
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In your last idea on Nifty you have mentioned 11870-11880 as crucial level, so should we enter for short term which was kind of achieved today ..or wait till 11850 and then short it for 10800 levels by month end ?
Also,Any upside move left for nifty?
WaveTalks
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@RishabhGandhi250218 I cannot be 100% correct every time but fortunately we get good opportunities if you follow price zones. 11870-11880 is one such zone and was touched just now @11873- day low. if the zone is intact we see short term targets as mentioned and going below 11850- sell get activated.