Last Price@142
This is medium to long term outlook which can take close to 40-50 Days having reward to risk ratio of 6:1 with stops below 132 & target upside between 180-185.
Short term zone of 140-142 is an important support zone.
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blog.tradingview.com...adingview-stay-4976/
We can look to bank upon PNB this time as it respected the zone 132-135 which was a strong support zone & the googly turned back as mentioned below in previous update.
Final leg could complete in 180-185 Zone -this Diwali 2017, I look forward to celebrate diwali with PNB not to forget "with an open eye".
Magic of Googly below 142 for 135
Googly returns back to starting point
Fevicol - unbreakable
Double Top & Bearish Bat@164.30
This is medium to long term outlook which can take close to 40-50 Days having reward to risk ratio of 6:1 with stops below 132 & target upside between 180-185.
Short term zone of 140-142 is an important support zone.
Exicited to share the dark new theme which was introduced by TradingView recently. You can check the details at below link
blog.tradingview.com...adingview-stay-4976/
We can look to bank upon PNB this time as it respected the zone 132-135 which was a strong support zone & the googly turned back as mentioned below in previous update.
Final leg could complete in 180-185 Zone -this Diwali 2017, I look forward to celebrate diwali with PNB not to forget "with an open eye".
Magic of Googly below 142 for 135
Googly returns back to starting point
Fevicol - unbreakable
Double Top & Bearish Bat@164.30
Trade active:
15:08 Hrs 31st Aug2017
141.70 to 143.35 -Intraday short upside move for the day in expiry.
141.70 to 143.35 -Intraday short upside move for the day in expiry.
Trade active:
10:12 Hrs 1st Sep2017
Last Price@145
Some jump intraday again.
Last Price@145
Some jump intraday again.
Trade active:
04:55 Hrs 2nd Sep2017
Last Price@144.30
Struggling in 145-146 Zone - we have double top so we pick next buy only above 146 level else it can correct to 140-141 Zone - searching for support downside which can be 140-141.
Next Buy either above 146 or Buy in the range 140-141
Selling is a risky call as it will against the trend & likely we have started uptrend along with Nifty.
Risky Call - One can take sell with strict stop loss above 146 for 140-141 Zone- if you see weakness in Bank Nifty.
Last Price@144.30
Struggling in 145-146 Zone - we have double top so we pick next buy only above 146 level else it can correct to 140-141 Zone - searching for support downside which can be 140-141.
Next Buy either above 146 or Buy in the range 140-141
Selling is a risky call as it will against the trend & likely we have started uptrend along with Nifty.
Risky Call - One can take sell with strict stop loss above 146 for 140-141 Zone- if you see weakness in Bank Nifty.
Trade active:
13:00 Hrs 4th Sep2017
Last Price@142.50
Hits the Zone Close to 140-141 at day low@141.60
Last Price@142.50
Hits the Zone Close to 140-141 at day low@141.60
Trade active:
10:20 Hrs 7th Sep2017
Last Price@139.40
PNB has strong Support Zone between 135-137 . Either one considers buying above double top@146 or support zone 135-137 , 140-141- these are zones where possible reversal can be seen.
Last Price@139.40
PNB has strong Support Zone between 135-137 . Either one considers buying above double top@146 or support zone 135-137 , 140-141- these are zones where possible reversal can be seen.
Trade active:
15:10 Hrs 7th Sep2017
Last price@139
Struggled whole day between 137-139. Holding the levels 135-137 on closing basis we shall look next for 142 which is next upside level.
Last price@139
Struggled whole day between 137-139. Holding the levels 135-137 on closing basis we shall look next for 142 which is next upside level.
Trade active:
07:20 Hrs 11th Sep2017
Last Price@137.85
Good Morning!
As suggested 135-137 zone is very strong support zone.
Best of Luck.
Last Price@137.85
Good Morning!
As suggested 135-137 zone is very strong support zone.
Best of Luck.
Trade active:
11:51 Hrs 12th Sep2017
Last Price@141.20
Finally it moves above 140 levels.
Last Price@141.20
Finally it moves above 140 levels.
Trade active:
10:27 Hrs 14th Sep2017
Last price@145.70 - Enjoying the rally upside. Wow!
Last price@145.70 - Enjoying the rally upside. Wow!
Comment:
14:34 Hrs 14th Sep2017
Last Price@145.50
As expected Nifty to complete the cycle at 10175-10225 which started from the update 9860 fall -earlier - Nifty has started moving from 10070 now at 10095.
At 10175- we will get 315 points & at 10225 we will get 360 points.
Last Price@145.50
As expected Nifty to complete the cycle at 10175-10225 which started from the update 9860 fall -earlier - Nifty has started moving from 10070 now at 10095.
At 10175- we will get 315 points & at 10225 we will get 360 points.
Trade active:
09:50 Hrs 25th Oct2017
Last Price@179
Day High@193
What was that ?
Last Price@179
Day High@193
What was that ?
Trade closed manually:
09:55 Hrs 25th Oct2017
Gap up open & travelled to 193
Gap up open & travelled to 193
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)
Abhishek H. Singh
Growth Director - TradingView India
YouTube Channel www.youtube.com/channel/UCYcnYveYBNLD-Qp54hvZogw
Twitter Handle
twitter.com/TalksWave
Telegram Handle
(Deleted)
Last Price@139
Nifty if holds below 9950 - some weakness is expected intraday so take care of PNB position as next trending moves can come only if 140 is crossed on upside.
Having said that I don't say one throw the position & trade with emotions - just be out for somewhile & re-enter later at better price.