Last Time BAT gave us 9880- Two targets & we were out at the top shown as oval shape. This time it is Bearish Gartley at 9845-9855 - That is the PRZ zone.
If holds below 9850 then it is good for target 9820-9790-9770.
Nifty should not sustain above 9850 which is a psychological level.
Previous Update - Bullish Bat at 9775
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09:32 Hrs 24th Aug2017
Last Price@9868
Bearish Gartley is still active until X-Wave@9885 is taken out. Long positions will come in force only above 9885 or we look downside as expected above.
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09:50 Hrs 24th Aug2017
Last Price@9850
Look it turns below 9885 from 9876 - Risk of 9 points & we are in the wave.
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09:57 Hrs 24th Aug2017
Last Price@9860
See how 9850 is holding so either one takes sell below 9850 or sell close to the top as we did few mins ago. You can't change the bus in between.
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10:33 Hrs 24th Aug2017
Last Price@9861
Again it turns upside from 9850 exact.
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12:18 Hrs 24th Aug2017
Last Price@9853
4 times Nifty turning above 9850 - How strong 9850 level is one can see in this 1st half session of the market.
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12:24 Hrs 24th Aug2017
Our Headline - "No Shorts below 9850"
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12:25 Hrs 24th Aug2017
Sorry for the typo error - " No shorts or selling above 9850 - can sell below 9850"
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12:42 Hrs 24th Aug2017
Last Price@9867
Nifty is playing box match. How many of you have played box match in your childhood. Out of the Box will decide the next travel plan.
Wish You Happy Ganesh Chaturthi!
May Lord Ganesha help all of us to keep our emotions away while playing the box match.
Have Fun & Enjoy the Weekend.
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06:59 Hrs 25th Aug2017
Good Morning All,
9850 has acted as very good support for the nifty yesterday so holding 9850 support - we have positive bias that means keeping stop loss below 9850 we will look for 9900-9930 as our target zone next Also, keep in mind 9850 cannot be broken - if it breaks then we have to be cautious or careful.
@AbhishekHSinghCMT, in@ 9864 where to book profit I shorted sepfut
WaveTalks
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@SatyamMishra, Nifty never broke 9850 - We got 5-6 times small buying opportunity at 9850. There is Jackson Hole meeting which will force markets to open gap up or gap down on Monday. Gap down then ok & if it is gap up then it should not cross 9950 else it will zoom up.