WaveTalks

Nifty - Bullish Harmonic Butterfly PRZ 11790-11825

Long
WaveTalks Updated   
NSE:NIFTY   Nifty 50 Index
Expect Upside Move Only above 11825 -

PRZ (Potential Reversal Zone) - 11790-11825

Target- 11955

More Short Positions will be created if Index drops below 11790
Trade active:
Last - 11868

Partial Profit Zone - 11870-11880

11870-11880 is the important zone so it is most likely will respect the passage or zone every time it passes through

Partial Profits Should always be booked in the zone & plan your risk management so that you gain more from your trades.
Trade active:
13:30 Hrs / 14th Oct2020

Last Price - 11835

Look at the fall from 11870-11880 - Zone as suggested & reminded above.

Again in the PRZ as suggested in the idea
Trade active:
13:46 Hrs / 14th Oct2020

11825 -------Intraday has become most important support level.
Trade closed manually:
14:06 Hrs / 14th Oct2020

Last Price- 11853

Traders should hold buy positions till the time Index holds above 11825 - Going below - downtrend will continue

Hope you enjoyed small moves 11825 -11870/11880 ( 2 times from the same bottom 11825)

Have a wonderful day ahead. Thanks

Best Regards,
Abhishek H. Singh
​Growth Director - TradingView India

YouTube Channel www.youtube.com/channel/UCYcnYveYBNLD-Qp54hvZogw

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