AbhishekHSinghCMT

Nifty - Century (100+) Before Batsman Cypher !

Short
NSE:NIFTY   Nifty 50 Index
Trading Strategy

Selling only between 12340-12360 as suggested yesterday with strict stops above 12375. Traders can be cautious & avoid sell if it is moving above 12350 as early warning! - I mean don't take sell if moves above 12350- fulcrum level.

Targets
12280
12200-12220



Video Idea on Indusind Bank


Thanks for all support
Trade closed manually: 09:51 Hrs / 16th Jan 2020

Last Price @12380's

This Idea / harmonic pattern is invalidated as it sustained above 12350 - level clearly mentioned -----"Don't take sell" but be cautious at all new highs it is putting everyday.

Thanks
Comment: 11:14 Hrs / 16th Jan 2020

Last Price - 12320

Status Update - 10:17 Hrs / 16th Jan 2020 - Hope You all booked your profits if you have taken buy above 12350 - clearly mentioned avoid sell if moves above 12350 but don't hold your longs for longtime unless you see explosive move upside as confirmation. Thanks

Can This Be A Reality ------------ A Big C-Wave : Really I don't know but what we know is we can control our risk & let market show us the way ahead. Thanks

Comment: 14:20 Hrs / 16th Jan 2020 - Last Price @ 12360

It is weekly expiry day & bears requesting bulls as below

"Ye 80 minute humko dede thakur" (Give us these last 80 minutes) -

Have a good day!
Comment: 11:43 Hrs / 17th Jan 2020

Last Price@12347

Selling Already Suggested close to 12370's - Latest Status Update

11:06 Hrs / 17th Jan 2020 - Nifty Index ( Last Price-12375) - I still believe 12350-12360 is important zone & falling below the zone - It will most likely visits 12320 / 12250 / 12220. Thanks
Best Regards,
Abhishek H. Singh, CMT
​Growth Director - TradingView India

YouTube Channel https://www.youtube.com/channel/UCYcnYveYBNLD-Qp54hvZogw

Twitter Handle
https://twitter.com/TalksWave

Telegram Handle
https://t.me/wavetalks

Comments

Your Nifty analysis is excellent.
Nifty is following your analysis.
Cheers!
Reply
Amazing analysis. When everyone is saying it waiting to go to 12500. You gave insight on how it will move. Superb. Thanks
Reply
All targets met on fall below 11,350....kudos!!
Reply
Thanks
Reply
Thanks you
Awaiting for your next video on Nifty Bank,
Reply
Looks like a tussle between Bulls and Bears @12350 levels. Monday should be able to take the direction probably.
Reply
OK , Thank you for the update .
Reply
GREAT ANALYSIS SIR.....
Reply
@JAY24SAN31, Just one drop for the day. Overall it was choppy move. Let us see what is stored next. Thanks
Reply
BalajiKumaravel AbhishekHSinghCMT
@AbhishekHSinghCMT, What do you think for Monday sir, Is nifty not DOJI formation? and going down next week?
Reply