Nifty - Sell Only Below 15800 - Potential Gartley / Bat Harmonic

Jun 25, 2021

From The Last Idea Published..... Closing comment - "Struggling to go below 15800 ---------------Avoid Selling ---------------Do not Sell-------If Index holds above 15800-------Thanks & Best Luck.


Trading Strategy


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Plan 1 - Sell Only Below 15800 - Do not trade if Nifty holds above 15800

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Target - 15675

Target 2 - 15565

Target 3 - 15505

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Plan 2 - Buy Once Bullish Harmonic Pattern Completes

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Gartley Pattern completes if Index halts close to 15565 (Target 2) mentioned in Plan 1.

Bat Pattern completes if Index halts close to 15505 (Target 3) mentioned in Plan 1.

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Thanks for your precious time. Wishing all of you happy weekend.

Jun 25, 2021

Trade active

12:52 Hrs / 25th June2021

Last @ 15831

15844 - Is that a double top - will it hold ???

Jun 25, 2021

Trade active

14:11 Hrs / 25th June2021

Last @ 15866

We trade once we get confirmation of sell which is below 15800 as suggested in the update.

Repeating again - No sell unless we get confirmation which is strictly 15800. Thanks

Jun 25, 2021

Trade closed manually

16:50 Hrs / 25th June2021

Last @ 15860

This idea is invalidated as Index failed to drop below 15800 - key level- which was required as confirmation.

Idea is closed. Thanks