Nifty- Bulls Trap@8825- Irregular Flat Short Term Structure

NSE:NIFTY   Nifty 50 Index
264 5
Likely it could become a trap which was visualized in real time trading session on 2nd Sep2016 in my previous update. I warned all my followers that -we shall look for a long position only above 8825. Nifty made session high@8824.10- Good enough to trap bulls.

Now, Immediate focus shall be downside with short term resistance@8825.

Abhishek . H. Singh, CMT
Trade active: 09:15 Hrs- IST-6th Sep2016

Opening Gap Up- Has been happening for Nifty - now for so many days. Always wait for a pullback which could be 8800-8810 important zone for targets above 8900.
Comment: 09:15 Hrs- IST-6th Sep2016- Staying Above 8850 is a good sign from small time frame perspective
Trade active: 10:20 Hrs-IST-6th Sep2016- Nifty is about to touch 8900- let us book & just wait outside markets. to get further way ahead.
Best Regards,
Abhishek H. Singh, CMT
India Regional Manager
| LinkedIn
India Markets-BSE, NSE chat room- https://in.tradingview.com/chat/#b4sFOMIVqPkq8gfQ
Whats the pattern suggesting ?
uttamtrader15 uttamtrader15
bull trap ?
I said in another update that going above 8825- Nifty shall be going up.
uttamtrader15 AbhishekHSinghCMT
My mistake.... thank you
Nifty has really blown away. I will have to work out again fresh. Shall update you soon.
EN English (IN)
EN English
EN English (UK)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
HE עברית
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing Send feedback Ideas Published Followers Following Private Messages Chat Sign Out