DIsclaimer Futures, stocks and options trading involves substantial risk of loss and is not suitable for every investor. The valuation of futures, stocks and options may fluctuate, and, as a result, clients may lose more than their original investment.
Why this happened - A cycle got completed at 11760 Tops -simple logic shall be discussed in my future assignment with pharma tadka
When you getting Nifty - Why go for Bank Nifty - ‘batti is gul’, but the market keeps moving
Did you enjoy the selling from the tops 11760 - infact all the tops. Let us go into flash back
Update - Nifty Monthly Count at 11760 Selling from 11730-11750 Zone - What a top
Update - Nifty -Crack and Crab -250 Points Down and Plus Selling from 11600- What a fall
Update - Nifty - Delete Selling Above 11450 Selling from 11475 - 11525 --- after boom from 11300 to 11475
800 Points Down as suggested as per the target zone 10900-10925 mentioned in Monthly count idea
Trading Strategy
Plan A - Butterfly Harmonics B Leg Zone 10890-10925 was suggested important zone - what a bounce to close at 11140's.
Plan B - Those who bought & had courage to stand against the force shall be happy to see new highs once it crosses above 11350 highs- to be reviewed later.
Hi, great to see your analysis on target. Great work! Where is Nifty going in the very short term, till this expiry?
WaveTalks
⋅
@SathyamurthyRamanujam, It was all suggested in monthly update -if 10900-10925 supports which it did -just got rejected at 10870's slightly below the desired zone was the bounce pad & bounce was seen. Rest I have suggested as "Trading Strategy"
SathyamurthyRamanujam
⋅
@AbhishekHSinghCMT, Thank you! I have few positions (not courageous, but was startled by the speed of fall, kind of dumbfounded. So I have 11.3k and 11.4k calls with me. Can I expect the expiry move to be swift?