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
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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
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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
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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
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.
"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. "
Why this statement ? when you trade some one's recommendation, its either stop loss or target , risk always belongs to trader ,
WaveTalks
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@AMBRISH, Because I am very much surprised at times as someone who never gets time to express gratitude has a lot of leisure (free time) to criticize that too in the first encounter. Isn't that nice & warm welcome.
AMBRISH
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@AbhishekHSinghCMT, True, cos it's free advise.
drbharath1978
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@abhisheksingh first of all a very big fan of u and nice analysis
As u said Nifty is facing trouble to cross upside 10825-10850 zone
should we wait for the closing to go below 10800 or close below 10800 EOD to execute Plan B
WaveTalks
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@drbharath1978, Sorry. I won't be updating anymore. Thanks for the understanding & apology.
Stockhunterspicks
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Hi sir, What is the name of this recording app ???
WaveTalks
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@manivannan946, Hi, It is inbuilt video recording feature & Publishes your video idea later. You can go at the bottom of the TradingView website & check "blog" updates from "support" menu - in blog update -"click "social" from the right menu - check how to publish video idea - " Lights, Camera, Action - Video Ideas Available to all new users -blog details. Regards.
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. "
Why this statement ? when you trade some one's recommendation, its either stop loss or target , risk always belongs to trader ,