TradingView
WaveTalks
Oct 19, 2020 7:40 AM

Nifty - Short Term Buy (Strictly Above 11850 for 11900/11925) Long

Nifty 50 IndexNSE

Description

Intraday / Short Term View -
Buy Only Above 11850 for 11900-11925 zone. View gets negated if Index drops below 11850 & later drops below 11790-critical level.

Trade active

14:28 Hrs / 19th Oct2020

Last Price- 11875

Once Nifty pushes upside in 11900-11925 - Book Profits & be careful at the tops

Trade closed manually

The View suggested was Intraday & closed with small push in 11870-11880 zone -failed to reach target zone 11900-11925 as suggested. Thanks
Comments
reddragon0075
moving in tight range.. strangle would be a good idea?
UnknownUnicorn4361920
Hi Abhishek, Nifty has formed triple top on an hourly chart. Does this indicate reversal pattern?
WaveTalks
@Mahesh-kumar, Till it holds -good for downside crossing above 12025 - shall open room for 200/300 points upside
More