TradingView
WaveTalks
Jun 30, 2020 9:30 AM

Nifty - Above 10300 -Look for 10400 & 10550+ Targets Long

Nifty 50 IndexNSE

Description

The View is valid--------------------------only above 10300---------------------------------------

Long Positions or Buy Call can be taken if Spot / Cash Nifty holds above 10300 - We look for 10400 & 10550+
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TradingView Status Update
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14:39 Hrs / 30th June 2020 - Last price -10285 (Spot /Cash -Nifty) - Nifty Crossing 10300 & Above -we are open for 10400 / 10550 Upside Target. Any Selling Only Below 10195 (ITC Idea Published on TradingView -Buy at 195 for 200+)
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Stock ITC
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Last ITC Video Idea (Buy strictly above 195 for Target 1- 200 / Above 200 -Target 2: 205)
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Trade active

15:15 Hrs / 30th June 2020

Last Price @ 194.65

Stock went up to 197 which did not achieve targets 200 / 205 - later made new low at 194.00

We are still looking for the final leg which is upside for 200 & 205 as Nifty holding above 10195 looks for 10400 & 10550+ as per latest idea published (please check nifty idea)
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So, crossing again & holding strictly above 195 only
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We look for 200 & above 200 for 205-207

Trade closed manually

10:12 Hrs / 1st July 2020

Last Price @ 10355

Index started moving above 10300. Manage Your Risk. No more updates. Thanks
Comments
Akshay77
Thank you sir for your great analysis.
vmkalola
Nice
DARBE1
should I hold onto gains or book partial profits? as the 1st target 10400 is achieved
krihar
Thank you
iamishaan
Hey Abhishek, according to your analysis, we can go long on NIFTY tomorrow right?
WaveTalks
@iamishaan, Yes - Strictly Holding above 10300 which is mentioned clearly in the trading strategy. Please read the first line ----------" The View is valid--------------------------only above 10300---------------------------------------"
iamishaan
@AbhishekHSinghCMT, okay thanks , will watch out for price action tomorrow and then take a long.
Vijayakumar61
@AbhishekHSinghCMT,
Vijayakumar61
@Vijayakumar61,

Thank you sir. Your Study is accurate.
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