There is a bearish butterfly & double top@10500.
Trading Strategies
Strategy 1 - If Nifty Holds in 10400 -10425 then expect a bounce to 10460-10485 & we book profits & wait outside
Strategy 2 - If Nifty gets resistance between 10475-10500 after strategy 1 is done then look to sell on tops with minimum stops above 10500 - Target -10425 - 10390 - Below 10370 - 10135- 10000
Strategy 3 - Moving above bearish butterfly & double top ( crossing above 10500 ) - "D" level (Holding above D-level & crossing 10500) - Extreme Bullish Scenario - Take care once it crosses above 10500 -it should not dip below 10490 else be cautious.
Strategy 4 - Going below 10370 - Sell for target 10135 - 10000 or closer levels
Trading Strategies
Strategy 1 - If Nifty Holds in 10400 -10425 then expect a bounce to 10460-10485 & we book profits & wait outside
Strategy 2 - If Nifty gets resistance between 10475-10500 after strategy 1 is done then look to sell on tops with minimum stops above 10500 - Target -10425 - 10390 - Below 10370 - 10135- 10000
Strategy 3 - Moving above bearish butterfly & double top ( crossing above 10500 ) - "D" level (Holding above D-level & crossing 10500) - Extreme Bullish Scenario - Take care once it crosses above 10500 -it should not dip below 10490 else be cautious.
Strategy 4 - Going below 10370 - Sell for target 10135 - 10000 or closer levels
Trade active:
11:33 Hrs 22nd Dec2017
Last Price@10468
Strategy 1 donnnnnnnnnnnnnnnne at 10485 - made day high@10492 - Oh "92" repeats in Nifty & where else ?
Last Price@10468
Strategy 1 donnnnnnnnnnnnnnnne at 10485 - made day high@10492 - Oh "92" repeats in Nifty & where else ?
Trade active:
13:21 Hrs 22nd Dec2017
Last Price@10488
Closing the update. Thanks & Take Care.
Last Price@10488
Closing the update. Thanks & Take Care.
Best Regards,
Abhishek H. Singh
Growth Director - TradingView India
YouTube Channel www.youtube.com/channel/UCYcnYveYBNLD-Qp54hvZogw
Twitter Handle
twitter.com/TalksWave
Telegram Handle
(Deleted)
Abhishek H. Singh
Growth Director - TradingView India
YouTube Channel www.youtube.com/channel/UCYcnYveYBNLD-Qp54hvZogw
Twitter Handle
twitter.com/TalksWave
Telegram Handle
(Deleted)