AbhishekHSinghCMT
Long

Nifty- Exit Poll or Exact Poll - Can History Repeat@2019

NSE:NIFTY   Nifty 50 Index
Corrections over the video
  • 11125-11140 as tops instead of bottoms
    Target of 11125-11175 instead of 12125 -12175


Most of The Exit Polls Suggesting Landslide Victory to NDA in Elections 2019 - Being Wave Analyst -I had drawn my conclusions when 10585 -Magical double bottom was formed in Feb 2019- Let us see what the next dawn has stored for India.

This line will be remembered forever - "If 10585 - double bottom holds- Magic will be seen in next few months"

---------------------------------------------------------------------------------------------------------------------------------------------
Trading Strategy

Plan A -
Safe Traders Buy Above 11800 or Gap up for 11950-12000

Plan B -
Holding Above 12000 for few mins look for 12125-12175

Plan C-
Getting Resistance in 11950-12000 - look to sell if starts falling below 11950 for 11685-11700

Plan D-
Selling below 11680 for 11400-11425

Thanks for watching the video & Don't forget to support


---------------------------------------------------------------------------------------------------------------------------------------------

Click on Ideas

30th Aug 2018 - Revisiting Monthly Wave Count


5th Oct 2018 - Policy Push / Harmonic Push - Long Term Investors Long at 9950


22nd Jan 2019 - Nifty - Selling The Tops-10985 /H&S Pattern


6th Feb 2019 - Nifty - History Has The Answer- Careful Above 11050!


17th Feb 2019 - Nifty- Nation's Blood- Selling The Tops@11,117 9 Gave us most important level- 10585


9th April 2019 - Nifty-Elliottwaves-Let us make some wedges ( Idea which moved as per the plan)


29th April 2019 - Nifty- 29th April 2019 - How will you sell ? - X -Wave Mission (Head & Shoulder Idea which gave the bottoms@11109


15th May 2019 - Nifty - We got the Gartley M@11135- Explosive Gartley for 11425 & Magical Gap Up with Exit Poll
Trade active: 11:39 Hrs / 23rd May 2019

Last Price@11888

Did not hold 12000 !!! - Moving as per the plan - are we heading for 11685-11700 - Keeping a close watch going above 11900 shall book partial profits & will take rest.

Trade active: 12:47 Hrs / 23rd May 2019

Last Price@11825

Booking Partial Profits in Selling below 12000 at 11825 & Shall sell further only below 11775 for 11685-11700 zone next. Thanks
Trade active: 13:26 Hrs / 23rd May 2019

Last Price@11850

Trading all possible directions in The Index- "wherever you go - I will follow you my lord"

Hope you took profits in selling as well at 11825 - Next Selling below 11775 for 11685-11700 zone

Trade active: 15:08 Hrs / 23rd May 2019

Last Price@11655

11680 Downside Target Done -Below 11680 can puke further down to 11400-11425

Trade active: 15:22 Hrs / 23rd May 2019

Last Price@11663

Day about to end close all trades took on Intraday basis. Thanks -It was all fun for the most exciting day.
Trade active: 14:03 Hrs / 30th May 2019

Last Price@11950

Plan -1

Resistance Zone 11950-11975 - Bullish Above 11975 for 12125-12175 target as mentioned in plan A

Plan -2

Else Selling in 11950-11960 with strict Stops above 11975 - Look for 11775/11625/11500
Trade active: 11:09 Hrs / 31st May 2019

Last Price@12020

Double Top Sell @12040

Plan A - Buy Above Double Top@12041 for Pending Upside Move in 12125-12175

Plan B-

Safe Traders - Sell Below 12000-12005 zone
Going Below 12000-12005 we look for 11950/11825/11775/11625 & If goes below 11590-11600 Then we look for 11515-11530 target zone- where we book all profits & take rest.

Risky Traders - Sell in 12020-12030 Zone Strict Stops Above 12041 & Execute Buy Call Above 12040 as per Plan -A mentioned above

Important Note - Strictly Do not Hold Long positions if Index is not holding above 12040 mark even after going above 12040 levels that could trap traders.

Trade active: 11:54 Hrs / 31st May 2019

Last Price@11985

Sellllllllllllllling Right At the Top from 12030 - Risky Traders Enjoyyyyyyyyy!!!
Trade active: 12:03 Hrs / 31st May 2019

Last Price@11887

Target 1 / Target 2 - 11950 / 11825 Reached Wow!!! ---------- 200 Points

Trade active: 11:54 Hrs /3rd June 2019

Last Price@112001

Nifty Index bounced slowly & steadily to the safe zone-(12000-12005) where we sold last & got sharp puke to 11830- going below safe zone again(specially below 12000) we expect Index to puke & fall again to same zone of 11850/11800
Best Regards,
Abhishek H. Singh, CMT
India Regional Manager
http://in.tradingview.com
| LinkedIn
India Markets-BSE, NSE chat room- https://in.tradingview.com/chat/#b4sFOMIVqPkq8gfQ
Thanks sir! Very good learning. Also do keep sharing your ideas.
Reply
very nice
Reply
@me_vijay78, Cheers!
Reply
thanks for your ideas really appreciate it.
Reply
@ganrocks28, Welcome as always. Thanks
Reply
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing House Rules Moderators Website & Broker Solutions Widgets Charting Solutions Get Help Feature Request Blog & News FAQ Wiki Twitter
Profile Profile Settings Account and Billing Get Help Ideas Published Followers Following Private Messages Chat Sign Out