Plan A –
Getting an opportunity close to 12200-12225 – Buy with strict stops below 12200 once it halts & stops in this range for Target – 12315-12340
Plan B –
If stops or halts in 12335 – 12350 zone & starts falling below 12335 – Put stops above 12350 for Targets 12200-12225 / Below 12180 strictly for 12110-12125
Getting an opportunity in 12080 -12100 zone (if 12080 is not broken downside) then look for upside Targets – 12225 / 12350 / 12400
Plan D –
Selling from Channel Tops close to 12375 – 12400 ( Be careful in this strategy) –it is only for extreme risk takers- Downside Target is 12100 - 12120 / 11930 - 11950 / 11800-11830 / Below 11800 – 11500 & 11100
USDINR Idea to Buy above 70.35-70.50 - What a bounce from 70.70 for 71.40's (click the idea)
Nifty Last Video Idea - "Stellium Effect - How I cracked the tops at 12295" (click the idea)
Snapshot on 23rd Jan 2020 - expecting 12088 as possible bottom & India Nifty to push upside
All Trading opportunities were discussed on 22nd & 23rd Jan 2020
Last Price @12177
Plan C - mentioned in the main idea above suggested 12080-12100 as buying zone - There is slight modification
12150-12160 is also buying zone - If this zone holds then look for upside bounce to 12225 / 12280 / 12350 +
Last Price @12139
Opened Gap Down Today Morning & Most Likely completed Bullish Gartley Pattern in 12120-12140 zone with critical low @12100 to be holded for upside target 12225 / 12280-12300 zone next upside. Thanks & have wonderful day ahead.
Last Price @12114
Traders can plan their bullish trades tomorrow once it crosses back 12120 holding 12100 downside
Last Price @ 12065
Next Selling Only below 11990 - 12000 or Expect Upside Bounce to 12090 / 12145 / 12270 & more
In expectation of what our markets would unfold next- it was suggested that next selling only below 11990-12000 zone.
SGX Nifty is +30 points.
Let us enjoy the day. Thanks
Last Price @12145
It is 100 + since yesterday suggested while closing -------- "Next Selling only below 11990 - 12000 " zone
Hope you all in the Bulls Camp- Have a wonderful day !!!
Last Price @12133
Index could attempt 12180-12190 zone where profit bookings can halt the upside move.
Last Price @12154
Index is halting at 12160 - can be a pause for sometime if fails to move above 12160 - so continue your buy trades if moves above 12160 else expect some profit bookings below 12160 - which can make Index slip strictly below 12160. Thanks
Last Price @ 12146
Index is in the middle of the trend & Just Thinking where it can get more prey or victim & accordingly it will make its next move
Traders should be careful as moving above 12160 - This morning bull camp will make more sound as they extend further upside to 12190-12200 & Above 12200 - 12240 - 12250 zone.
Failing to move above 12160 - Traders expect downside move to 12110 / 12065 -12075 zone.
Last Price @12145
Keep Trailing your profit stops below 12160 -------------Remember : moving above 12160 -----Index will move or continue to 12190 / 12240 levels upside.
Last price @12123
Partial Profits have to be booked
Last price @12152
Again getting stuck close to 12160 so book your partial profits & take rest
Zone 12160-12170 to be watched carefully !!!
Bulls aren't leaving so early - Bears might be thinking what next - Holding 12090-12100 zone - Index could travel to 12200 / 12250 + today or tomorrow on expiry day !!!
Short Term Resistance at 12160-12170
Guys be careful- Index could fall if fails to cross 12170 - It will happen suddenly so 12150-12170 is key zone to watch next or it attempts 12100-12120 downside again scaring everyone.
Last Price @12125
Wow !!!!!!!!!!!!!!!!!!!!!! Nifty Falls back again to 12120 -Recent low @ 12118
Now This is called ------- Markets Taking Bulls & Bears for a Ride & We say - "what a ride"
Hope you enjoyed the ride !!!
Expected upside yesterday at 12066 levels
Index falling close to 12100's - Low @ 12104
Pushing back where we started to fall & surpass just 10 points in 12160-12170
Expected to fall from 12160 -12170 as suggested in the update above for 12100-12120 -came to low - 12118
Now if 12090-12100 holds on downside we may see upside again - Thanks
Abhishek H. Singh, CMT
Growth Director - TradingView India
YouTube Channel https://www.youtube.com/channel/UCYcnYveYBNLD-Qp54hvZogw