pankajvw
Long

Thu 15 Jun Nifty View

NSE:NIFTY   Nifty 50 Index
189 views
6
189 1

Hi All,

First time target is 10:14 AM opening for the position which we bought at level 9613 NS .. If Nifty doesn’t give a ‘peak’ at that time, it will continue its upward journey.

As shown in the chart, its essential for this wave to breakout above 9650 and 8675 NS . If it doesn’t sideways action will continue for some more days. We will trade short term waves and will make money both ways in that scenario.

SGX Nifty which was positive yesterday night is currently down 41 points approx. Any gap down which happens is a buying opportunity and set a stoploss at 9580 NS after 5 minutes of opening
Comment: Nifty is opening almost flat, so nothing to worry about.
Comment: Please hold it patiently, don't treat 9580 as a hard stop loss, Nifty will bounce back from 10:14.
Comment: Please wait....
Comment: Next possible time is tomorrow morning only
Comment: Action: My intraday TSL has hit, please exit. Also its still tightly range bound. Will go long again tomorrow.
Nifty is opening almost flat, so nothing to worry about.
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