pankajvw

Thu 20 Jul 2017 Nifty View

Short
pankajvw Updated   
NSE:NIFTY   Nifty 50 Index
Hi All,

So the turn date has arrived and its highly possible that Nifty will start going down within first 15 minutes of opening.  And if that happens, the following self explanatory chart shows the most probable path of Nifty in the coming months.  5th Aug is an important date, and if Nifty continues downward journey after that, it will go down till 20th Oct for a level of 9150 approx.

We will go short right at the opening.
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My next post is here:
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How can I delete the above comment? Wanted to post it at my previous idea but...
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Action: Nifty is opening at 9920 approx, please short right at the opening. Short term target : today end of day or tomorrow.
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TSL is 9950 NS
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So its going down as expected. Level to look for in short term: 9860 NS
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There is a support at 12:40. We may exit there as the move is slow and will short again later.
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Action: At 12:40 please exit short eneterd at 9920 NS in the morning. Had expected 9870 NS and we are near that. 50 points on this one. Will short again later after bounce.
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Next we will short either at 13:34 OR on break of days low 9867.75 NS.
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Action: Short again. 12:40 is pushing price further down!
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TSL is 9925 NS
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After 13:33, Nifty is again going down. Now its a carry forward.

(Give some likes guys, its going so good).

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