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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NIFTY Spot formed Double Bottom (as of NOW) @ 9616 -9618 level
Watch: @ 9805, @ 9792
Trade closed: target reached
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NF made LOW @ 9810 Achieved TGT #4 @ 9815 I have Closed Trade.
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Rest of the day HURDLE: at 9832 - 9841 Closing Above 9855, Favouring Bulls.