WaveTalks

Nifty - Bearish Cypher in 15180-15200

Short
WaveTalks Updated   
NSE:NIFTY   Nifty 50 Index
Pattern Fails & Do not sell if Nifty crosses above 15200 - Sell only in 15180-15200 zone
Trade closed: stop reached:
09:20 Hrs / 12th Feb2021

Last Price @ 15205

Pattern Failed & Stops Taken - Suggested -Not to sell if goes above 15200

Careful----------Careful -----------Careful if Nifty Falls below 15180 -15200 zone
Comment:
09:23 Hrs / 12th Feb2021

Last Price @ 15172

Anytime Trader's consider Selling if drops below 15180-15200 zone

Comment:
10:27 Hrs / 12th Feb2021

Last Price @ 15190

What is PRZ - It is a Potential Reversal Zone so Traders have to do their due diligence & check at their end for the strategy part whether they want to execute or leave the trade

Thanks

Trade active:
10:48 Hrs / 12th Feb2021

Last Price @ 15216

Till the Time It is holding above 15180-15200 - It will have positive bias but as soon as it falls below 15185 - It will turn into selling

So, Trader's You have to be careful today in trading as Stock- Reliance has turned down close from 2075 -suggested in the last night idea

Target 1 Below 15185 ---------------15110

Target 2 15065 - Sell only below 15100

Target 3 - More on downside below 15050

Trade active:
14:18 Hrs / 12th Feb2021

Last @ 15123

What A Selling from the tops & suggested level 15185 !!!

2nd Target @ 15065 just missed by 15 points

Trade active:
14:39 Hrs / 12th Feb2021

Last @ 15142

Careful Selling Can Happen Again -------Below 15150------- & Nifty can touch 15065 or even lower levels today

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

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