AbhishekHSinghCMT
Short

Nifty- 8400-8450- Harmonic Zone for D leg & larger Wave 2

NSE:NIFTY   Nifty 50
1398 18 29
X- 8600 -shall be invalidation level.
Comment: 08:05 Hrs 10th Jan2017

Dollar Rupee Re-entered the channel as per the latest update once it starts moving down likely Nifty & Bank Nifty will resume its upside move.
Trade active: 15:20 Hrs 10th Jan2017

Last price@8290

We saw intraday upside move of 40-50 odd points -rupee is still struggling -if it supports then nifty & bank nifty move shall become aggressive.
Trade active: 09:58 Hrs 11th Jan2017

Last Price@8340

Heading close to the zone on upside.
Trade active: 14:57 Hrs 11th Jan2017

Last Price@8385

Now This picture looks beautiful. Amazing!
Trade closed: target reached: D-leg reacted but it was short @8327 so new update where I expected to bounce from the gap zone of 8295-8322- well it bounced & did so sharply.
Best Regards,
Abhishek H. Singh, CMT
India Regional Manager
http://in.tradingview.com
| LinkedIn
India Markets-BSE, NSE chat room- https://in.tradingview.com/chat/#b4sFOMIVqPkq8gfQ
WAVE 2 COMPLETE OR SOME THING PENDING BEFORE START 3RD WAVE?
Reply
I believe this idea still intact. Whats your update ?
Reply
@masoodkwt, Yes, If a 8400-8420 zone crossed as it spent a lot of time, so moving above that zone likely Nifty goes close to 8470-8500 we need to make sure after moving above 8400-8420 it should not dip below 8400 again unless targets are reached.
Reply
GAME START TOWARD 7200?
Reply
What Next move expected
Reply
@ideas2invest, Markets are very dicy at the moment. If Nifty sustains above 8400-8420 zone then can look back for day's high again 8450-8460 & If Bank Nifty goes below 18800 then BN pressure will create selling pressure in Nifty as well.
Reply
Hi Abhishek, can i short nifty
Reply
@ManojDagia, Hi Manoj, there is no confirmation- so it is like putting your finger in electric socket- kindly avoid & have patience & wait till market shows the way.
Reply
real beauty now it shd start to melt...
Reply
Can u please expain me how can i confirm the short trade, at any level say at Nifty at 8400-8450? I mean what is confirmation how can i get that.
Reply
India
United States
United Kingdom
Deutschland
España
France
Italia
Polska
Brasil
Россия
Türkiye
Indonesia
Malaysia
日本
한국
中国
Home Stock Screener Forex Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing Priority Support Ideas Published Followers Following Private Messages Chat Sign Out