Kinnari_Prajapati
Short

Outlook for tomorrow with projected levels to speculate

NSE:NIFTY   Nifty 50 Index
11660 below, Nifty require to update new projection.

Projected prediction for intraday with R 11778 nearby and S 11712.
Trade active: Nifty will open 8-15 points up.
World markets are mixed and flat.
Dont suggest to take any long position, R 11760 spot nifty.
no real need to panic buy in advance because, anything can happen (no reason to act in a panic either in buying or in selling)
Comment: Nifty future is going to break 11828 but, point to note that its has low volume.
Comment: sell NF 11798 with stoploss of 11824 targets 11724 and 11611-11578
Trade active: First Target achieved 11724

Comments

Just let it be open. Traders, don't take any position at the opening. Just wait for 30min of the first hour.
+3 Reply

Nifty exactly followed my projection, Let see if necessary to change the targets of NF.
+2 Reply
HemangiWorlikar Kinnari_Prajapati
@Kinnari_Prajapati, as per your recommendation i hve sold 1 lot first time at 11816. but my question is thata should i hold it for tomorrow?
+3 Reply
First Target achieved 11724...
+1 Reply
"What is expectation for nifty future?"
+1 Reply
Kinnari_Prajapati Kinnari_Prajapati
@Kinnari_Prajapati, Nifty future:

Resistance is 11827-11841
below to 11750, Nifty can fall more...
+1 Reply
HemangiWorlikar Kinnari_Prajapati
@Kinnari_Prajapati, is there any sl?
Reply
Kinnari_Prajapati HemangiWorlikar
@HemangiWorlikar, Individually, I would like to tell you my opinion that any side of this range(11828-11796 Nifty future) has the potential of a single side move after/being break.
Reply
HemangiWorlikar Kinnari_Prajapati
@Kinnari_Prajapati, Should I create a breaking side position or wait for you update?
Reply
Kinnari_Prajapati HemangiWorlikar
@HemangiWorlikar, Yes you can create with a stop-loss of another side of the range. for example, nifty future breaking 11828 and take a long position with a stop-loss of 11796 below.
+1 Reply
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