Hello Everyone!
Let me explain a bit yesterday’s Nifty’s action. We bought at 9107 as per our pre-calculated time, and the bottom happened before that, please refer to the chart above. This happens usually on MT turn dates.
At 14:45 there was an intraday support, that’s the reason I asked to carry forward.
Today SGX Nifty is slightly negative, down 6 points as of writing. but nothing to worry about. We will hold this position with TSL at 9065 NS.
The way intraday waves have unfolded yesterday, chances are today’s short wave target of 13:29 might be skipped and Nifty will be bullish till tomorrow. Lets see.
Let me explain a bit yesterday’s Nifty’s action. We bought at 9107 as per our pre-calculated time, and the bottom happened before that, please refer to the chart above. This happens usually on MT turn dates.
At 14:45 there was an intraday support, that’s the reason I asked to carry forward.
Today SGX Nifty is slightly negative, down 6 points as of writing. but nothing to worry about. We will hold this position with TSL at 9065 NS.
The way intraday waves have unfolded yesterday, chances are today’s short wave target of 13:29 might be skipped and Nifty will be bullish till tomorrow. Lets see.
Comment:
TV distorted my chart. It asked me to change the timeframe from 1 min to 15 min, and in the process it shifted my arrow and first anchored text. Bad!
Comment:
After the runway darama yesterday Nifty Airlines finally off the ground today!
Comment:
Nifty at high point of the day, I will recheck things at 13:29, if if we have to exit, we will exit there. Please wait for confirmation. Thanks!
Comment:
As per the new calculations form yesterday’s low at 14:45, today is a turn date. So if this TD1 ends at either 13:29 today or 10:24 tomorrow, we will see Nifty failing again in next TG2. Be ready to buy put options.
Comment:
Its going down, which means, we can hold long position and carry it forward.
Comment:
Keep 9107 NS as TSL.
Comment:
Please keep the TSL enterd into system and keep capital protected. This wave is sluggish.
Comment:
Action: Lets exit
Comment:
Exited at 9115. Do not short. Will relook at this tomorrow. At mere 8 points profit on this one.