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 till tomorrow. Lets see.