raj3elite

Nifty Jet Planes are get ready to fly...!

Long
NSE:NIFTY   Nifty 50 Index
Nifty Jet Planes are get ready to fly and current status on standby mode. Waiting for confirmation signal of breakout and whichever the breakout signal happen, particular jet plane will start to fly and mission target of 11000.
Watch the levels for breakout,
Breakout level 1 - 10325 (Jet plane 1 on board)
Breakout level 2 - 10285 (Jet plane 2 on board)

I will keep update, about the mission on below the chart.
Comment: Dear Traders,
Gujarat election on the way so be caution on either side. I have posted this chart based on technical and it break those levels will start to fly. Anyway if election result is not favor for market then blood bath will happen.
Comment: As per today open, Nifty broken the bottom trend line. Back on track..
Comment: Typo error -
*Nifty not broken the bottom trendline, open above the line.
Comment: Nifty went to near air station 1 but failed to break.
Comment: Good bounce happened from the retracement line.
Trade active
Trade closed manually: Expected to reach 10500 / 10700 and 10500 reached but 10700 is seems doubtful as per my view. So, closing this chart.

Comments

every thing will show in the price... we should either talk fundamental or technical...
+2 Reply
raj3elite Parasuram
@Parasuram, hahaha... you are right.! its general information for traders. Nifty not in bearish and my chart about long only. Chart not active until the breakout happen. But we should consider the events like elections. Its most important election and its big deal for BJP. These kind of events will change the market condition on either side.
Reply
PayelNandy raj3elite
@raj3elite, AGREE
+1 Reply
Good call Raj !! Time to return to base airport now .. :-)
+1 Reply
raj3elite ShanTrader
@ShanTrader, hehehe... yes bro
Reply
if it does not cross 10410 today.. expect it go down 300 points again....
+1 Reply
raj3elite Parasuram
@Parasuram, Not sure but let see...
Reply
Parasuram Parasuram
@Parasuram, it did go down 300 points
+2 Reply
Great Flight !!! Next airport 10300 :-)
+1 Reply
raj3elite ShanTrader
@ShanTrader, hehehe.... yes expecting the flight to land on 10300 destination..
Reply
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