We will trade the breakout below 10070 for 9960-9980 -if takes support then we push upside above 10138 highs & another alternate scenario if it holds / pushes above 10100 then we will look for 10175-10225 upside target.
Update 1- Bullish confirmation above 9925 & 9950 - Confirmed We are looking for upside to a new high of 10138
Update 2- Selling harmonic in bullish structure at 9985 to 9860 - Holding 9850 support for bullish move for new high above 10138- Amazing fall from 9985 to 9860 exact
Note - If 9900-9920 Zone gets broken downside then we see nifty for sizeable correction till 9650-9550 zone downside.
Trade active
07:38 Hrs 15th Sep2017
Last Price@10085
Yesterday before market could end we had entered with bullish harmonic between 10070-10080 - It pushed upside for 10104 before it settled at 10085 If it moves above 10100 - likely it continues to 10175-10225 as expected
Trade active
09:32 Hrs 15th Sep2017
last price@10077
Short term buy above 10100 with day low as stop loss.
Trade active
11:25 Hrs 15th Sep2017
Last Price@10052
Short term bottom at 10045 is formed so we book partial profit & look to sell on tops by looking for resistance in 10070-10085 Zone with strict stops above 10105.
Note
11:45 Hrs 15th Sep2017
Magical Support at 10045 at time 11:45 Hrs ( Just for fun)
Trade active
14:09 Hrs 15th Sep2017
Last Price@10067
Popped up to 10072 - Book Partial Profits if taken short term long with support @10045 as stop loss.
Next we will look to sell for targets 10025-10035 if 10085 holds on upside.
Note
14:32 Hrs 15th Sep2017
Last Price@10084
No selling please.
Note
14:35 Hrs 15th Sep2017
Last price@10095
We are crossroads with important level of 10105 - if that crosses -Nifty can push to highs of 10138 -previous high else
Risk Takers -if they can afford to put stops above 10105 then they can take sell for lower targets of 10065- 10045-10025
Note
14:45 Hrs 15th Sep2017
Last price@10105
Seems Bulls are back in Power - Now look for some pullback to enter the trade - do not jump straight away in the running train- else we will hurt ourself.
Happy weekend.
Trade active
09:25 Hrs 18th Sep2017
Last Price@10156
New Life Time High above 10138 - The pullback was awesome - we opened gap up & heading close to our target of 10175.
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