Nifty - Bearish Bat Harmonic Pattern (Trigger Below 11880)

Oct 31, 2019

Hi All,

It is Oct Expiry 2019. As updated in the status few mins back. Traders to be careful below 11880-11900 zone. Bearish Bat harmonic Pattern Triggers Below 11880

Target Downside - 11500 / 11090 / 10700

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Last Idea - Culmination Point for 13500-14000 Target Video Idea


Plan B is done close.

Thanks for Support.

Oct 31, 2019

Trade active

15:35 Hrs / 31st Oct 2019

Small Wedge at the Top -11945 & What a fall to 11855 !!!

So, will the rally halt at the tops of 11945 - let us wait & watch. Thanks

Nov 1, 2019

Trade active

09:31 Hrs / 1st Oct 2019

Last Price@11905

Resistance zone 11910-11930

Index halting in the above mentioned zone & failing to cross above 11930 - we expect downside 11875/11830-11840 zone.

Nov 1, 2019

Trade active

10:47 Hrs / 1st Nov 2019

Last Price@11861

Recent Low -11843

Close to 1830-11840 zone. One can book profits & resell at the tops of 11910-11930
Downside Support zone 11785-11810 which can hold the price fall - going below 11775 - It can continue downside.

Nov 1, 2019

Trade active

12:01 Hrs / 1st Nov 2019

Last price@11866

Index has short term negative bias if fails to cross 11890-11900 zone & we look for 11810-11820
Fall can continue if slips below 11775 as updated earlier. Thanks

Nov 1, 2019

Note

14:15 Hrs / 1st Nov 2019

Last Price@11891

Index visited 11890-11900 zone couple of times - Our stop is above 11920 -day high & we look for 11800-11820 Next

Nov 1, 2019

Trade active

14:45 Hrs / 1st Nov 2019

Last price@119898

No Short Trades above 11900 for safe traders -Only risky traders & that too stops above 11920

Nov 1, 2019

Trade active

15:13 Hrs / 1st Nov 2019

Last Price@11888

Welcome to the real world of market!!! - This is how market test trader's patience & if you are thinking why it is not coming down- let me tell you trading is not an easy job.
Market likely planning to extend the fall for next week. I won't advise safe traders to carry position / risky traders with stops above 11920.
Thanks & Nice weekend

Nov 4, 2019

Trade closed manually

12:07 Hrs / 4th Nov 2019

Last price@11916

Idea invalidated as it moved above 11880-11900 zone last week. Have updated recent comment in latest video idea of stock- Bhel. Thanks