Wed 6 Dec 2017 Nifty View
Hi All,
SGX Nifty is down 14.5 points currently, flattish I would say. Today whenever this Short Wave ends, we will exit, probably in the second half. And may take a short position as well.
This short wave shall take out the previous short wave swing high at 10163 as shown in the chart. ( the horizontal line.
Keep following, and hit like button please, thanks!
Just a recap - we are long from 10108
SGX Nifty is down 14.5 points currently, flattish I would say. Today whenever this Short Wave ends, we will exit, probably in the second half. And may take a short position as well.
This short wave shall take out the previous short wave swing high at 10163 as shown in the chart. ( the horizontal line.
Keep following, and hit like button please, thanks!
Just a recap - we are long from 10108
Note
15 min later I did this post, SGX Nifty was down 42 and Nifty is opening 30 points. This shall settle in first 15 minutes. Nifty still will go up. Stop-loss is 10020 NS. Please continue to hold.Note
^30 points down.Note
Its still is above yesterday's low.Note
Very dull at present. Probably waiting for RBI policy. Continue to hold.Note
Lets exit all positions here for the time being. Situation is dicey here. Was expecting Nifty at day's high by this time. But it will take aanother day. In the mean while RBI policy anouncenet is teher at 2:30. So closing all positions here. Will take position tomorrow.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.