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WaveTalks
Aug 22, 2016 3:33 AM

Nifty -3 levels Important 

Nifty 50 IndexNSE

Description

Nifty -3 levels are very Important.. Did I say 3 levels ..No one more level as per my previous update- "Nifty- Trading with Amar..Akbar..Anthony".
These 3 levels will decide the fate of Nifty- 8690-8700(as per previous update-going above that level-look for 8740-8750 as target zone)---8600(going below that level- one can take short till next support at 8540)--8540(the fulcrum point) & finally 8515( Going Below that level will show us the direction)

Trade active

12:45 Hrs-IST-22nd Aug2016-- Nifty Going Close 8600. Let us wait & see what happens next.

Trade active

09:00 Hrs-IST- 23rd Aug2016-- Nifty Going Below 8600- We should look for the target zone 8540-8550 as the support zone or above 8650 if it holds then shall look for 8700-8720 but upside looks little risky. Any Move Above 8750 only will open further upside else going below 8540 & 8515- shall indicate weakness in the Index.

Trade active

11:00 Hrs- IST-30th Aug2016-- Simple Support Has been working so beaautifully- so keep it simple.
Comments
udayreddy3
wow
DebuRoy
Alas its a unique calculation but not regular.then appeal post when you feel good.waiting.THANKS
Sg_bangalore
I like that Analogy of Amar , Akbar, Anthony...Definitely bought a smile on my face! :-)
WaveTalks
I was a kid when my hero used to appear on screen- oh my god-I seriously can't explain how he struggled & bounced back like Nifty Did from 8540 range ..& Boom. Regards
vinodsinghfcca


I am expecting 8577 to come. But might not break 8540.
WaveTalks
Yes..seems possible..let see ..Market is very choppy since last 1 month..time has come..be ready for Janet's Action on 27th Aug2016
ASKSANTHOSHPM
8743
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