Alert :: Nifty can witness profit booking
Bears has strong chance to takeover by 24Mar2017
Time to be Cautious
Maths suggesting in 4 or 5 days exit longs and shift your focus to NIFTY17MARFUT @ 9015 zone for expiry.
i.e. By 23Mar2017 or 24Mar017 NIFTY17MARFUT has strong chance of reversal from 9276 level.
Statistically in case this idea do not start reflecting in 4 days on closing basis, then scrap this idea.
Means, in case you do not see any selling pressure creeping in coming 4 days then
exit from this maths idea.
This is just time cycle zone, so levels has less importance.
So focus may be road map for remaining expiry days.
Still probable levels are derived on charts for your reference.
But will provide levels in live markets in case numbers are playing their maths
Note: *Other Red and Green levels are only for Nifty_levels_to_watch_for_20Mar_2017
Stay tuned.
Please do Like and Follow
Thanks,
Please keep on booking profits.
Happy Trading!
Bears has strong chance to takeover by 24Mar2017
Time to be Cautious
Maths suggesting in 4 or 5 days exit longs and shift your focus to NIFTY17MARFUT @ 9015 zone for expiry.
i.e. By 23Mar2017 or 24Mar017 NIFTY17MARFUT has strong chance of reversal from 9276 level.
Statistically in case this idea do not start reflecting in 4 days on closing basis, then scrap this idea.
Means, in case you do not see any selling pressure creeping in coming 4 days then
exit from this maths idea.
This is just time cycle zone, so levels has less importance.
So focus may be road map for remaining expiry days.
Still probable levels are derived on charts for your reference.
But will provide levels in live markets in case numbers are playing their maths
Note: *Other Red and Green levels are only for Nifty_levels_to_watch_for_20Mar_2017
Stay tuned.
Please do Like and Follow
Thanks,
Please keep on booking profits.
Happy Trading!
Comment:
24-Mar-17 11:21
Target of profit booking has been achieved before time
Target level also achieved before time
But date of 24 Mar is today.
So idea Alert still active....?
So Short with Strict SL.
Target of profit booking has been achieved before time
Target level also achieved before time
But date of 24 Mar is today.
So idea Alert still active....?
So Short with Strict SL.
This time Bear_Train has reached before time at station!!
9,019.30 = Low hit as on Mar 22, 2017