vanathi

Mighty Nifty is green!

Long
NSE:NIFTY   Nifty 50 Index
321 views
10
Nifty has filled its previous the gap. And has been sustaining the important level of 8270. Double bottom of RSI above 50 shows the momentum is gaining. Nifty is buy above the blue trend line . I expect a little pull back tomorrow. Targets are 8303 and 8387. Follow the blue trend line . Happy Trading! https://in.tradingview.com/chart/QtD56IkU/
Trade active
Comment: As I expected nifty retraced today. A little pull back.
Trade active
Comment: One hr candle's longer upper wick shows nifty is struggling.
Trade active
Trade closed: target reached: Thank you My Mighty Nifty!
Comment: This is my "One good trade of this week". My next post is "Trader's queries". I will discuss my errors there along with the question answers.
Success Log.For live maket analysis follow me in telegram. https://t.me/Analysis4Newbie
To learn about system trading, https://neomechanicaltrader.home.blog/

Comments

Simply Superb. But need to wait for 5-6 days to reach the target.
Reply
vanathi venkaticr
Reply
venkaticr vanathi
@vanathi, Good forecast. Can we go long with a small hedging, hoping if the market correct on the opening time we will average. What is the Nifty Jan.17 target, > 8600 with minor correction upto 8200?
Reply
vanathi venkaticr
@venkaticr, It is a minor correction. I expect 8300 within 2 or 3 days and again it will move upside.
Reply
Thank you mighty Nifty & skillful Vanathi. Waiting for Next Nifty Idea.
Reply
vanathi murasolivm
@murasolivm, Thank you for the support.
Reply
Amazing.mostly you are using waves and trendlines. i am learning.
Reply
vanathi bajajct100
@bajajct100, Market moves in patterns and cycles. I am trying to identify the cycle and using trend lines.
Reply
bajajct100 vanathi
@vanathi, Currently i have nifty long taken yesterday.i am using psar 30min as sl.you target 8387 is approaching.I am learning with you.
Reply
Once again keep it up and confirmed that you are spreading happiness.
Reply
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing Refer a friend House Rules Help Center Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Blog & News Twitter
Profile Profile Settings Account and Billing Referred friends Coins My Support Tickets Help Center Private Messages Chat Sign Out