InsiderB

Nifty : Lieutenant's, Airspace & Runway Clear - Lets TakeOff !

Long
NSE:NIFTY   Nifty 50 Index
Howdy Everyone, I'm biased today !!!

From the title itself you will be knowing that Nifty is on Bullish mode, yes true. Yesterday we had Descending triangle pattern & I mentioned that upmove is not gonna happen yesterday. But its time Now, as we have clear Airspace & Runway, Let's signal the Nifty to take off. I'm expecting around 70-100points gap up, big one but its fine even if its 50pts Gap up. probably Nifty will open above triangle trendline {aggressive entry}, if opens with triangle & breaksout we lucky. But whatever tradesetup it forms go in with proper stops. I don't see any setups for Shorting, so no shorts for Me, though there is potential Harmonic pattern , but for that to complete Nifty needs to move up, lets see that later. Let the bears take rest,Bull Stampede Begins or will they prove Me wrong ? Lets see... As promised, posted earlier !

For the Day : Lieutenant's, Airspace & Runway Clear - Lets TakeOff !
Comment: Choose what you wish for, Trade with utmost care !

Comment: Nifty took off & crash landing bcos of harmonics !

Comments

Vertical Take Off.
+2 Reply
InsiderB AMBRISH
I believe so, Hoping there shudn't be any crash till 9k's...
Reply
avibandal InsiderB
Sir, Can i long it up to expiry?
+1 Reply
InsiderB avibandal
For that the above pattern mentioned in comment need to fail, its kind of cat on the wall, so pls check your risk n analysis once before making any decision. Cudn't confirm for sure !
Reply
avibandal InsiderB
Ok, Thanks Sir
Reply
InsiderB avibandal
cool !
Reply
Again you proved that you calculation if very correct, when everybody was saying short.
+1 Reply
InsiderB nsesharetips1
Thank you !
Reply
Sir market is in range after 12 playing near 8840-8865, What it means? Is it consolidating in-between the range?
+1 Reply
InsiderB avibandal
For the day its ranging, it will revert back to long trend, but will rise steadily I believe.
Reply
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