pankajvw
Long

High reward risk ratio short term timewave trade in Nifty

NSE:NIFTY   Nifty 50 Index
523 10 14
Hi All!

Look at the setup in the chart. keeping 8225 as a tight stoploss, one can target 8325 on Tuesday. Reward Risk ratio greater than 8. Enter right at the opening on Monday tomorrow.

Methodology used: Timewave. Keep following for further updates on this.

Regards,
Pankaj.
Trade active: Nifty opening at 8259.35 up 15.55 points in line with Timewave study. Go long at ghe opening!
Comment: Downshifting TSL to 8200 NS.
Trade active: Carry the position forward. Nifty totally sideways and stable. Shall upmove tomorrow for the set target.
Comment: This is now being followed at:
When is time wave turning ?
Reply
@atulm, tomorrow.
Reply
HappyVijay pankajvw
@pankajvw, But target is not hit today so can we see reversal @ opening ?
Reply
pankajvw HappyVijay
@HappyVijay, Target is on Tuesday, see my first sentence above. Reversal will happen tomorrow only in the last trading hour. Long till then.
Reply
YES....i think reversal has been done
Reply
pankajvw jitendesign
@jitendesign, probably that's your individual conclusion. Reger to my latest post and comments their in. It has not yet ended and is pushing forward for the next probable end date.
Reply
Sir your timewave prediction is very accurate .....Great....still nifty headed to 8327
Reply
pankajvw jitendesign
@jitendesign, thanks dear! :)
+1 Reply
@pankajvw, Sir can you recommend me any book or any online reference for more study in time wave trading .
Reply
pankajvw jitendesign
@jitendesign, First check about page of my blog, then post any questions you have as comment on the blog itself. I will answer there. timingnifty.wordpress.com
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