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MohitArora
Aug 21, 2019 5:58 PM

Nifty 50 and Nifty 500 INDEX Kitna Dubayega !! Short

Nifty 50 IndexNSE

Description

TREND ANALYSIS
Follow Chart Instruction.
Wait for Proper Entry.
Do not be Hurry for entry.
Buy/Invest with Best Risk Reward.
Educational Chart Only.
You can Comment and ask the TREND ANALYSIS of any STOCK/SCRIPT/INDEX/FOREX.

Important : NIFTY 500 INDEX is also Going Towards 8200 Level.
So Do Not Add Stocks In Portfolio till Nifty 500 reaches 8200 level.

Comment

still more to fall for next pull back

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if it hold below 10780

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then 100 points more fall possible before any pull back

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Another Trade for few days

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Nifty Doing exactly what we have expected so far.

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till now Nifty Going as marked the 1st two arrows.
Comments
Kitchu
Bought 2 lots of PFC 110CE @ 0.6. The Option Chain (Equity Derivatives) data on NSE indicates NO Significant short buildup BUT the Trade setup by Moneycontrol for 22nd Aug shows PFC at Top 8 in 10 stocks with short buildup. Any suggestion looking at charts of PFC if I need to exit immediately or remain invested for tomorrow? Regards,
MohitArora
@Kitchu,
sirji these r expiry trades and u have taken trade based on some analysis.
and now to gave you advise to hold or exit the trade for next day is not a way to do analysis , as a day cant make your trade profitable or losser, so better to take trade with strick stop and strick targets.
taking trade without having strict rules is danger.
so if u need trend analysis then i can help you.
Kitchu
@MohitArora, Thank you so much for the reply. I've exited the stock with meager loss. Do let me now if can go long on PFC or ICICI Bank for 26th Aug 2019 as per trend analysis. Pls reply before market hours :) Thanks in advance!
sudhannayak
Very nice observation
MohitArora
@sudhannayak,
thank Bro
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