DSKF16

NIFTY: What's NEXT ? Spot & FUT important Levels for 4th Aug '17

NSE:NIFTY   Nifty 50 Index
Trade Summery of 03rd AUG 2017.
OPEN = HIGH = 10081.15, (Mentioned Strong level at 10080)
Made LOW @ 9998.25, Mentioned PCL: @ 9990.
Also Notice day candle. mentioned "#1 Either another Bear candle with 40 - 50 + point body"
also mentioned "ONE THING IMPORTANT, NIFTY NORMAL CLOSING WAS at 10058.2 not 10081.50 (i.e Settlement)
Indicates Bear controlled market (in last 15 - 20 mins)"

What's NEXT for 04th Aug 2017 ?
In Candlestick Analysis:
There are two possibilities.
#1. Long legged Doji / Bullish Pin. or
#2. Another Bear candle with 30 - 45 + point body
(Confirmation of "Three BLACK CROW" pattern)

Strong Positive Bouncing Levels to Watch: "9941 -9936"

Trade Setup for NIFTY FUTURE on 04th Aug 2017:

LONG if Stay Above @ 10052 for 15 Min / Crossed @ 10060.

TARGET: @ 10073 - @ 10083 ( HZ #1,Trend Finder Zone),
@ 10107 @ 10128, @ 10141 - @ 10151 (HZ #2), @ 10176+

SHORT if Stay Below @ 10026 for 15 Min / Dipped @ 10017

TARGET: @ 10005 - @ 9995 ( BZ #1,Trend Finder Zone),
@ 9970, @ 9949, @ 9937 - @ 9927 ( BZ #2), 9903-

Disclaimer: Only For STUDY. For Taking Trade Decision Consult Financial Advisor.

LIKE / Comment /Share, If useful & enriched your knowledge.

With warm regards.
DSKF16.
Aug 04
Comment: Made LOW 9991.25 (Minor level 9991)
made HIGH 10026.5 ("STRONG above 10026)
Conclusion: Traded in no Trading Zone.
Wait For Intraday Break-out.
Possibility: First NEW Intraday LOW / Near LOW,
Then Reversed to +VE Territory
as of NOW 9995 (at 10.41 AM)
Aug 04
Comment: LONG NF in Between @ 10026 - @ 10017
LTP: @ 10036
(Aggressive trader or Trading Multiple lot)
For TGT of 26 - 34 - 50+ point

SL: 31 point (in respect of 10026)
Aug 04
Trade active: NF: @ 10031
Aug 04
Comment: NF @ 10049
Witnessing Range Bound Session.
Trade Cautiously.
SAFE Trader can Book Profit of 18+ buck.
or Keep SL as Wish.
Aug 04
Trade closed: target reached: As per Update at 10.41 AM.
Nifty Reversed from Day's LOW & NOW in +VE.
NF Achieved 45+ Buck /point , as made Day HIGH @ 10076.35
I am in the trade. What is the target?
Reply
DSKF16 atulm
@atulm, Already mentioned in point figure. watch 10052-10070 - 10083+
Reply
DSKF16 atulm
@atulm, NF made Day HIGH @ 10076.35, Hope you Enjoyed
Reply
atulm DSKF16
@DSKF16, Still in the game with TSL
Reply
DSKF16 atulm
@atulm, YES. Watch Future Levels Posted in Chart.
Looks Crucial: 10083 (in Fut) & 10036 (in Spot)
Reply
atulm DSKF16
@DSKF16, booked just now at 10040 NS.
Reply
DSKF16 atulm
@atulm, Ok. that's better. Wait for opportunity.
Reply
Since it is staying above 10026 u r suggesting long.. i thought one would go long above 10052 and 10060... any way less risk here
Reply
DSKF16 Parasuram
@Parasuram, In range bound market, sometime some investor take certain percent of risk. Also indicator & some oscillators suggests to enter. though market is Bearish BIAS, Expect some Pullback.
Reply
DSKF16 DSKF16
@DSKF16, In stock Market, "Calculation + Indicator & Oscillators" works together.
Reply
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