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WaveTalks
Oct 23, 2020 8:25 AM

Nifty - Plan C (Bearish Gartley-Sell At 11975) Short

Nifty 50 IndexNSE

Description

Chart Timeframe - 15 mins

[Plan C Active - has Bearish Gartley - Target - 11870/11880 as updated this morning in yesterday's video idea published last on Nifty
Safe Traders - Avoid selling if crosses above 11975 / Risky Traders can sell until 12025 holds as top

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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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Plan A - Done

Plan B - Done

Plan C- Active

Plan D - As price evolves - shall be decided later if 11870-11880 zone holds falling below 11870 - traders have to be careful.


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Last Nifty Video Idea
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Trade closed manually

15:24 Hrs / 23rd Oct2020

Last Price- 11925

Markets are volatile. Consider risk involved before keeping any positions open based on this idea.

Or

Book Partial at 11925-11920

Thanks

Comment

Comments
Shivam93
Yes price confirmation matters most, before jumping into trade, Risk management & emotional control are tools that will to survive in market
jijoycanto
thank you sir!
Vishalz
Plan d will complete tomorrow
Vishalz
Plan d active??
Akshay77
Thank you sir.
Vishalz
Complete plan c
Kakerot
I want to see the fall, but I know it won't happen, fundamentally speaking FII are buying and OCT nifty will go 12100, that's just my opinion, everybody wants a fall but won't come in OCT.
WaveTalks
@Kakerot, Markets are sideways. I always been in favor of getting price confirmation first & trading later to avoid any biased trading- finally managing it with proper risk. You must have seen - in last 2 days - during sideways market - suggested PLAN A -B-C-D Out of which we have already got 2 of them completed -3rd partial so which ever side market breaks - we will be happy to trade in that direction.
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