NIFTY weekly chart study (once in a lifetime opportunity)

Mar 19, 2018

Nifty has been finding support at the pitchfork bottom since early 2016.
Buy on dips till 9700 as upside is massive!

Below 9400 this setup becomes invalid

Mar 19, 2018

Trade active

Mar 19, 2018

Note

Nifty curves on day chart

Mar 23, 2018

Trade active

Jul 30, 2018

Note

Nifty so far making a decent bounce

Sep 1, 2018

Trade active

Oct 14, 2018

Note

The support is been broken. We will hold long term bullish view only after Nifty makes a new all time high. Until then we will be looking for opportunities to short

Feb 10, 2019

Note

Nifty finding resistance at the parallel line since Oct 2018

May 7, 2019

Note

Nifty moving in alignment with the trendlines so far

May 7, 2019

Note

Had published the idea when NIFTY was trading around 10k+