Fri 14 Jul 2017 Nifty View

NSE:NIFTY   Nifty 50 Index
Hi All,

SGX Nifty is 10.5 points up as of writing. Fibonacci wise, 9970 is the target.

Time wise 9:34 is an important time today , which is likely to provide support and push prices further up. Next possible end time I will communicate as we go along.

We are currently holding a long position bough at 9878 with stop-loss at 9850 NS .
Comment: Next support is at 10:30
Comment: Strict TSL 9850 NS
Comment: Please revere the trade and go short
Comment: TSL: 9880 NS
Comment: Set the TSL to 9900 NS and carry forward, now Nifty will emain down till 20th July
Comment: Actually it was a short right at 9:34 when Nifty was going down after it. But my mind resisted...
Comment: I dont think its going fown, sorry about the confusion, please reverse the position, Nifty will remain up till 20th.
Comment: I dont think its going down from any angle. Please maintail TSL at 9850 NS and carry forward.
Comment: Mon 17 Jul 2017 Nifty View

Hi All,

SGX Nifty is up 40 points so a gap is on the way. Revised TSL for the current position is 9860 NS.
9:24 is a critical time, where I will again revise the TSL upward and reverse the trade if it gets hit.

@tradewise: Why we exited the trade on Friday and then reversed it saying that it was a mistake has to do with my intraday waves.  My calculated support was at 10:35, but Nifty was going down after that, so I called for exit. But Nifty within half an hour again came up and started going above level of 10:35., so I had to reverse.
The above was not a mistake, this is as per methodology. Mistake happened at 9:34, I should have reversed the trade just after 9:34 when Nifty was going down, and then should have again reversed when Nifty was going up after 10:35 level, thus booking profits at both the places.
Comment: Set TSL to 9995 NS. Reverse the trade if it hits.
Comment: Its 9895 MS ( typo)
Comment: Next support is at 11:06. Nifty to remain sideways till then.
Comment: Set the TSL to 9870 NS and wait patiently, no need to reverse now, critical time is over.
Comment: I think it can remain slightly down till 14:33. One can either wait patiently or can exit here and go long again at 14:33
Comment: Please carry forward.
Comment: Tue 18 Jul 2017 Nifty View

Hi All,

Today at 9:35 is the support which if Nifty breaks we can see a down day.

Overall the turn date is Thursday 20th July, 3 sessions to go. Nifty will see a level of 10000 and BankNifty 24200 around. After that we are in a retracement mode again.
Comment: Nifty is opening 83 points down. Time to add to your positions and fresh new buying. Turn date is 3 sessions away. Wait patiently.
Comment: Nifty has been dragged down sollely by ITC, increased taxes on Cigerettes. Rest of the market is doing good. BankNifty is down only 20 points.
Comment: So once 9:35 level was broken, it was a completely down day for Nifty.. Support is just before market closing. Please hold and carry forward.
Next support is at 10:30
Set TSL to 9830 NS, support to come at 9:34
EN English (IN)
EN English
EN English (UK)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
HE עברית
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing Send feedback Ideas Published Followers Following Private Messages Chat Sign Out