1042 views
BUY ABOVE 13020
WITH STOP 12933
T1 - 13080
T2 - 13135
T3 - 13160
REASON - CUP AND HANDLE + INVERTED HEAD & SHOULDER PATTER HAVING COMMON NECKLINE
BASED ON NECKLINE BREAK CONCEPT ABOVE TRADE CAN BE INITIATED
ALSO LOOKING INTO
OPEN INTEREST ANALYSIS :-
MAX PAIN @ 13000
SUPPORT LEVELS - 12900 & 12800
RESISTANCE LEVELS - 13100 & 13200
RANGE BECOMES - 12800 TO 13200
disclaimer - @ your own risk
WITH STOP 12933
T1 - 13080
T2 - 13135
T3 - 13160
REASON - CUP AND HANDLE + INVERTED HEAD & SHOULDER PATTER HAVING COMMON NECKLINE
BASED ON NECKLINE BREAK CONCEPT ABOVE TRADE CAN BE INITIATED
ALSO LOOKING INTO
OPEN INTEREST ANALYSIS :-
MAX PAIN @ 13000
SUPPORT LEVELS - 12900 & 12800
RESISTANCE LEVELS - 13100 & 13200
RANGE BECOMES - 12800 TO 13200
disclaimer - @ your own risk
Trade active:
NIFTY IN PREMIUM
FUTURE MAKING NEW HIGH π¨π¨π¨π¨π¨π¨π―π―π―π―π―π―π―π―
FUTURE MAKING NEW HIGH π¨π¨π¨π¨π¨π¨π―π―π―π―π―π―π―π―
Comment:
INCHING TOWARDS 1 ST TARGET π¦π¦π¦π¦π¦π¦π¦
Trade closed: target reached:
TRADERS WHO ENTERED CAN CLOSE @ 1ST TARGET MET HERE
OR TRAIL STOP ABOVE COST
ENJOY PROFIT
ππππππππ
OR TRAIL STOP ABOVE COST
ENJOY PROFIT
ππππππππ
Comments
For me it is somewhere need to consolidate around 12000-12300 range before aiming 13100+ again
Reply
@kskanth32, nice to read your views sir - lets c whats in store for dec series
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for me it looks like correction already started and wave A in progress. given below bank nifty elliot wave . nifty waves as well in synch with this.
Reply
Strong bullish trend
Let us wait for next day opening session. Draw, vwap and see whether it is up or down!
Let us wait for next day opening session. Draw, vwap and see whether it is up or down!
Reply
@MarimuthuSuppaya yes sure π
Also need to see will there be any negative effect of margin changes Dec ownwards..
Also need to see will there be any negative effect of margin changes Dec ownwards..
Reply
@gvrdhn08 yes it can
Sale pressure from 12990 can come, but if it's breached with volume support 13000-13020 1st post which 13040 for me will b another resistance
Overall I do feel it's possible just bcoz if u look into higher time frames 4H,D,W to me it's strong bullish
Let's c what happens
Sale pressure from 12990 can come, but if it's breached with volume support 13000-13020 1st post which 13040 for me will b another resistance
Overall I do feel it's possible just bcoz if u look into higher time frames 4H,D,W to me it's strong bullish
Let's c what happens
Reply