Traditional Chart Pattern- Ascending Triangle Discussed along with trading strategies in Hindi & English both. Thanks for watching the video
Active Currently - Plan A - Sell Below 11955 for 11790-11810 target zone (Stops- 11960) Plan B- Buy in 11790-11810 with stops below 11750/11760 for target zone 11980-12000 Plan C- Sell Below (Strictly Stops above 12025) for target zone 11870-11880 Plan D- Buy in 11850-11875 with stops below 11790 target 12025 / 12250 +
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15:12 Hrs / 22nd Oct2020
Plan A Target - Just missed by 15 points to reach 11810 levels - Low was 11825
We got the fall close from 11925 to 11825 keeping stops above 11960
Plan B - Active Now --------------------From lows of 11825 towards 12025 Highs (Current Price- 11896)
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06:36 Hrs / 23rd Oct 2020
Good Morning All !
Auropharma (Last Prcie - 782) cracks below 820 - suggested over last idea (B-wave shift can cause havoc)
Hindalco (Last Price - 185) - Final Wave -E is pending in downside direction until it remains below 203 highs
Reliance (Last Price -2106) - Has last wave upside done at 2370 highs --------------------------------------------------------------------------------------------- Finally never do a biased trading else it can trouble you.
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06:48 Hrs/23rd Oct2020
So, be careful as Nifty could be in distribution pattern which cannot be ruled out as suggested in 8th Oct2020 idea & 12025 or few 100 points upside could be the last & fall starts below taking all the way back to 10790 & even lower levels.
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10:40 Hrs / 23rd Oct2020
Plan B - Done at the current high @11975
Plan C - Active -----------Selling at the tops with stop above 12025