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WaveTalks
Jan 17, 2019 8:44 AM

Nifty - 200!-White Walkers Patience Short

Nifty 50 IndexNSE

Description

Nifty & Cheteshwar Pujara -The White Walkers - We should learn the art of patience from Mr. Pujara.
Thank You, Sir, for giving us such a wonderful performance.

14:05 Hrs 17th Jan 2019
Last Price@10862


Target achieved
Target 1@10865 done as per the last update- selling from 10905-10915 - day top zone

In progress
Target 2@10825 - in between there is minor support zone 10840-10850 - currently holding.

Nifty Picture at 12:46 Hrs IST -17th Jan 2019
Trading at 10898



Last Video Idea - Network/Waves/Intuition Part 2
We achieved 200 points from 10710 to 10910 from the last update. Hope you enjoyed the trade.

Trade active

14:16 Hrs 17th Jan 2019

Last Price@10882

Turned upside from minor support zone 10840-10850 as suggested over the video for next upside leg above 10930

or further selling only below 10835-10840 zone for a 2nd downside target of 10825 - going below 10825 - we may look for 10800 levels

Downside we have major support zone - 10775-10800 -if at all nifty falls to that zone - we may look to buy next for upside move above 10930. Thanks

Trade active

14:58 Hrs 17th Jan 2019

Last Price@10925

Upside target@10930 done -as suggested at 10882 levels - What a lovely performance- first we sold from 10915 to 10840-10850 (minor support zone)

Support = Buy

Nice U-Turn for upside target 10930 - 80 points upside - Total 65 + 80 = 145 Points! - Have a nice day

Trade active

15:17 Hrs 17th Jan 2019

Last Price@10895

What a fall from day top@10930 - post our upside target

Trade active

15:31 Hrs 17th Jan 2019

Last Price@10905

Three Tops@10930 - Exact Upside Target Done

Trade active

07:34 Hrs 18th Jan 2019

Last Price@10905

Gap Up Today - Except Nice Up Move for 11000 & above 11000 - we shall review in trading session.

Thanks!

Comment

Pardon - "Expect" Nice Up Move for 11000...

Trade active

09:51 Hrs 18th Jan 2018

Last price@10900

10928-10930 is very strong resistance. Resistance means "selling" - you should never miss such opportunity selling short term for 20-30 odd points with risk of 1-5 points

We will spend time here below 10930 - safe traders they go long /buy only above 10930 mark - risk traders can buy at 10850 - 10825 zone.

Trade active

10:26 Hrs 18th Jan 2019

Last Price@10871

Bingo! - Cam close to 10850 ------------------- Day Low@10853 - Risky Traders in the long / buy position -strict stop loss below 10850 - we shall lose only 2-5 points

What a selling from top 10930 - all the way back to 10850 -updated at 09:51 Hrs at price@10900

Comment

10:31 Hrs 18th Jan 2019

Last price@10865

Kindly pardon me for using year "2018" at times in between instead of "2019"

Trade active

10:48 Hrs 18th Jan 2019

Last Price@10890

What a move upside again from 10850's ----------Wow!

Trade active

11:11 Hrs 18th Jan 2019

Last Price@10882

Trail your stop below 10870 - take profits & out - if goes below 10870 -later, we will try again to buy at bottoms below 10850

Trade active

11:19 Hrs 18th Jan 2019

Last Price@10882

10870 - Saved our profit stop loss in current buy from 10850-10855 zone.

Trade active

11:43 Hrs 18th Jan 2019

Last Price@10885

Hello All, Nifty is having trouble at 10885-10890 zone for the last 30 mins keep a watch & eat that profit if it drops below 10885 as it could be possible that it drops or falls below 10885 & even 10850 downside.

Trade active

11:46 Hrs 18th Jan 2019

Last Price@10885

We are trading short term moves - do not get confused - either you book small profit below 10885 or trail you profit stop below 10870 - if 10870 is intact then it can jump upside to 10910-10915 upside resistance zone or profit booking zone.

Trade active

14:03 Hrs 18th Jan 2019

Last Price@10905

Resistance Zone 10910-10915 visited by Nifty - Resistance is always to sell so Risky Traders they can sell with strict stops above 10930 as going above 10930 -it will open for new highs
Holding 10930 highs & below - we shall get downside target of 10850-10860 Below 10850 for 10825 - 10830 target zone.

Trade active

14:19 Hrs 18th Jan 2019

Last Price@10910

Going close to 10915-10925 will invite more sellers so be careful if 10930 is intact as our stop then expect Nifty to drop close to 10825- and even 10775 levels

Trade active

14:52 Hrs 18th Jan 2019

Last Price@10902

Last day of the week. Carry your positions if you can afford to lose big & you are a risky trader.

Going above 10915 -It is better to close all trades & enjoy your weekend as moving above 10930 - new highs can be expected else holding below 10900 -we can expect deep fall to 10825-10885-10730-10750 zone

No Trading Zone / Decider Zone - 10900-10920 - Cheers!

Hope you enjoyed the session!

Thanks

Trade active

10:17 Hrs 22nd Jan 2019

Last Price@10918

Good Morning All!

Reached 1st Downside Target of 10925 & Heading downside for the 2nd target of 10880 as suggested in the profile status update.
Selling was suggested from double top 10985-10987 - we got selling opportunity from 10975

Trade active

10:25 Hrs 22nd Jan 2019

Last Price@10911

The picture at the top-10985 - Double Top



The picture at 1st Target -10925 downside & heading for 2nd Target -10880

Trade active

11:49 Hrs 22nd Jan 2019

Last Price@10895

Current low@10885-10886

Took Support close to 10880 - 10885 zone - we book 2nd target as suggested - next downside activates below 10880- cheers!

Trade active

12:44 Hrs 22nd Jan 2019

Last Price@10885

Made new low@10865 - Bounces above 10880 - we will avoid any sell further & consider further selling on some bounce to 10925-10935 zone --(if it faces resistance) or new selling below 10840 levels

Trade active

15:15 Hrs 22nd Jan 2019

Last Price@10927

Got the bounce from lows@10865 - suggested last we will wait for the bounce to sell later between 10925-10935 - Wow!

Market about to close - Bye!

Trade closed manually

20:45 Hrs 22nd Jan 2019

Last Price@10922

Hope you enjoyed - Next Video - "Selling The Tops@10985" shall be published soon.

Thanks
Comments
vanathi
Nifty's dramatic movement is bigger than the game of thrones :)
WaveTalks
@vanathi, True. That is the real world - market always puzzles you if plan to take nap like "rabbit" - we all know that famous childhood story - rabbit losing & tortoise winning because tortoise has all the patience from in/out of the universe. God was so kind of giving him "patience" that's the reason he lives for 100-150 years and Traders survive only for short period & go away because they fail to move like a tortoise. Regards
venkat
THank you sir and who is MR pujarra
WaveTalks
@venkat, Sir, Do you follow cricket match?
venkat
@AbhishekHSinghCMT, sorry , i never watch cricket
WaveTalks
@venkat, Mr. Cheteshwar Pujara is star batsmen from Cricket Team India & He is fondly called as "White Walkers" by Indian Team Members. One should learn patience & apply in all walks of life to get outstanding success like him. As a trader, patience is required if you want to stay longer in the markets. Regards
venkat
@AbhishekHSinghCMT, thank you very much ji
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