kbmj
Long

Nifty to Head Towards 12917/13176 Levels ... {Bullish}

NSE:NIFTY   Nifty 50 Index
In 1st Chart , Nifty has given a monthly close above 161.8% Retracement Levels and Ready to Move towards 12917/12176 Levels in Mid-Term . In 2nd Chart , I showed how did Nifty Respect Retracement Levels in Past ... So Better to Avoid Datas Such As PCR and India VIX and focus on trades . After Completion of 2nd Phase , We can see A Correction , So Better to Sell At the Top and Have Some Vacations ... So That's All from My Kitty ... Good Luck !!!
Trade active: Slow And Steady Rise will be Fast & Furious After Budget ... :)
Trade active: Markets on Day's High ... :)
Comment: Highs of 11,100 ... :)
Trade active: Hahaha :D
Trade active: Nifty At Day's High ... Still Smiling :D :D :D
Trade closed manually
very well described
sir ji
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11400-11600 max i guess....but would be great to see 12900. best buy as of now is 10500 to 10800.. i like the discussions very informative...
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i don not see market extending beyond 11250! but markets always surprise us. let us see.. only fools predict the market.. all i want to be on the right side of the market
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kbmj Parasuram
@Parasuram, Appreciate Your Opinion ... I want to be that fool :D :D :D
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@kbmj, i said about people generally predicting markets.. you are only giving your analysis... technical.. I thought about people saying blindly
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kbmj Parasuram
@Parasuram, Ohk Sir ... :)
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so you heavily long on Nifty with a stop at what level? or no stop loss at all??
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kbmj Parasuram
@Parasuram, 10580 is the SL on the Charts but I am maintaining A SL at 10800 ... :)
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second phase extension after budget ?? u must be kidding
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kbmj Parasuram
@Parasuram, I am serious ... Fibonacci Levels are Very Strong Resistances/Supports ... Nifty broke out 161.8% Retracement Levels ... It is ready for 12917/13176 Levels :)
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