WaveTalks

Nifty-Network/Waves/Intuition Part 2

Long
WaveTalks Updated   
NSE:NIFTY   Nifty 50 Index
Have Initiated Long or Buy Position between 10690-10710 as suggested in the profile page update. Nifty Trading Currently at 10730

Trading Strategy
Plan A -
Buy between 10690-10710 with strict stops below 10690 for target 10800-10825

Plan B -
Selling -once you see Nifty facing trouble to cross upside 10825-10850 zone & starts falling below 10800 - keep in mind ( sell call valid only if it holds below 10800 level after travelling upside 10825-10850 zone)

Long Term Strategy
Plan C -
Holding Key Support or buying close to 10625-10650 below 10690 for upside target 10950 & later only above 11000 for 11200-11225

Thanks for watching the video & pardon for all mistakes done.
Trade active:
10:20 Hrs 15th Jan2019

Last Price@10821

Good Morning!

Average Target Price Done - (10825 + 10850) / 2 - ( Sum of two Target price ) Divide by 2 = 10837

Day High@ 10837

Happy Makar Sankranti

Trade active:
10:39 Hrs 15th Jan 2019

Last Price@10826

Plan B ------------ Get ready as suggested in Plan B above in the main update - Have a nice day.
Trade active:
11:36 Hrs 15th Jan 2019

Last Price@10855

Day High@10861

Plan B - Let me put in simple words - "Plan B" as stated or suggested above activates "only if it faces resistance between 10825-10850 & starts falling below 10800" - In current situation - "Plan B" is not active & going above 10870 which is resistance for some time now - "Plan B" is neglected or avoided & shall be considered "Null & Void".

Having Said That - If you are Risky Trader - in that case -you can consider selling close from 10860-10870 zone but strict stops above 10870 for downside target zone 10805-10810 and below 10800 for 10750-10760
Trade active:
13:47 Hrs 15th Jan 2019

Auropharma Update

Last Price@786

Day High@789

It had moved sharply upside above 775 & made new high@789 - Kindly follow or execute the trades taking risk factor into mind - you can never keep your position open without a stop loss

Strictly I put my comments that Auropharma - sell to be taken only below 775 - Holding above 775 is not allowed to trade on sell side.

Kindly read the comments- understand & later execute - you should never ever blame anyone for your trading mistakes.

I shall not be coming up with any updates for stock Auropharma henceforth. Thanks for all your support.


Thanks
Trade closed manually:
Bye & Closing this update.

Thanks

Best Regards,
Abhishek H. Singh
​Growth Director - TradingView India

YouTube Channel www.youtube.com/channel/UCYcnYveYBNLD-Qp54hvZogw

Twitter Handle
twitter.com/TalksWave

Telegram Handle
(Deleted)
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.