Kinnari_Prajapati
Education

Symmetrical Triangle(Bear Direction) NIFTY

NSE:NIFTY   Nifty 50 Index
Symmetrical Triangle(Bear Direction)
Now are in the responsive move, this responsive move has much strength for a pullback.

Trading 11045 above, is bullish for targets 11208 and 11273 nearby as 38.2% retracement of total fall.

If you think for positive: Buy 11060-11080 stop loss 11050 below for the targets intraday R 11155 nearby and next targets 11208 and 11270.
Note: I am already long today lower level.

I also updated to buy you Nifty with reference of :
Comment: Buy NIFTY future AUG 11000-11025 and Stoploss 10970 below targets will be same 111550 and 11208 and 11272
lets wait for confirmation
Reply
I think you have to change your suggestions in early morning trade, that was not a pull back, actually lots of stop losses hit in that area. So that Nifty having recovered mildly. The average of last three months closing levels of daily is around 10800 levels. Lets wait and watch.
Reply
@Kinnari_Prajapati

Today Nifty has taken support from "support trend line since Feb'16" at 10,877 exactly from where our trendline was but if this support fail to hold the consequences are very bad and nifty will free fall.. What are your thoughts?

"support trend line since Feb'16" was mentioned in previous idea published on july 14 "Negative Nifty outlook for coming sessions".
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Bears are real strong. NIFTY defies all technical charts. With economy in tail spin it is difficult to predict which way it will go.
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Madam aapki methods se na ho payega. Aap thoda break le hi lo
+3 Reply
emilydown067 Vikalpbothara
@Vikalpbothara, 😂🤣
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ankit_prajapati Vikalpbothara
@Vikalpbothara, achhe din aa gye. Kaha gye bull bull wale dur Tak nhi dikhenge.chart to koi bhi copy Kar leta h.itna hi talent hota to khud ni krte trading.kuch work ni krta technical analysis ,wave cycle,tail,Fibonacci .kaha gye sab comments wale lagta h ki bahut loss hua hai.
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Stock_TechPro ankit_prajapati
@ankit_prajapati, No losses..... Watch our video released on Sunday on our Utube channel " Stock_TechPro" where levels of 10900 were given for Nifty and 28500 Levels for BN.
Reply
what an chart very good analysis.but here comes bear and bull are not no where.you need rest now
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????
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