DSKF16

NIFTY: What's NEXT ? Spot & FUT important Level for 18th Aug '17

Short
DSKF16 Updated   
NSE:NIFTY   Nifty 50 Index
Summery of Last Day's Post:
NIFTY FUT: HIGH @ 9940, LOW: @ 9881.60
Mentioned BUY Level: Above @ 9938 & Sell Level: Below @ 9888.
also mentioned "As possibility of Both Side trade"
What happens? Notice HIGH & LOW.
i have some Foundlings, Quoted Here:
"Strategy for Both Side Trade: Generally Happens at the time of Reversal & after 1-2 days Strong Rally.
Like on 14/08/2017 NIFTYFut +71.95 (High +100.75 point), on 16/08/2017 NIFTYFut +97.65 (High +101 point)
Means (i.e. Strategy) Aggressive Trader can Short Near @ 9938+ (day High @ 9940) having SL: @ 9960+ (just Above TGT#1 @ 9956 )
& Cover Near @ 9888 (day Low @ 9881.6) & Fresh Long Near @ 9888 having SL: @ 9867- (between TGT#1: @ 9977 & TGT#2 @ 9957, Though Better is @ 9957-)"


CANDLE Pattern: Possibility of to form "Evening DOJI STAR"
Impact: "Bearish Candle"


Trade Set UP for 18th Aug 2017:

Possible SHORT Below @ 9895
Target: @ 9883, @ 9865 - @ 9851(BZ), @ 9815, @ 9796-

Possible LONG above @ 9945
TGT: @ 9963 - @ 9977(HZ), @ 10013, @ 1032, @ 10044+

* More Updates on Market Hours, if Scenario Changes.

For FnO strategy (Strategy of Calculative Loss), on Query.

Disclaimer: Only For STUDY. For Taking Trade Decision Consult Financial Advisor.

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Comment:
NIFTY Spot formed Double Bottom (as of NOW)
@ 9616 -9618 level

Watch: @ 9805, @ 9792
Trade closed: target reached:
NF made LOW @ 9810
Achieved TGT #4 @ 9815
I have Closed Trade.
Comment:
Rest of the day HURDLE: at 9832 - 9841
Closing Above 9855, Favouring Bulls.
Comment:
TESTS HURDLE: at 9832 - 9841 Zone

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