The zone of interest 148-149 was shown in previous post which was travelled today on account of dalal street bleeding for the day & PNB cracked below 157 updated early morning@08:11 Hrs - 3rd Aug2017. Travelling again & again in the zone 157-158 (We need to pack our bags) - after an idea was published as shown below - we changed as markets wanted us to do so ( after all trend is your friend)
What Next ?
As I always say - never hurry in the markets ( There is a saying very commonly used by all of us - "He whose mouth has been burnt by hot milk even blows on buttermilk when drinking it!" )
So, wait let market show interest then we take interest. we shall look for a cautious bounce if markets support the initial move holding above 145-146 Zone.
Once you have taken the V-( Victory) cup - It will boost you for solid performance next.
Note- Try the V-cup on your own risk.
Fire with Cypher@157 - I turned upside did you -- I dumped as well in time, did you ? - react with a sonic speed if you want to survive in markets.
Bat was sitting in the cup - It is scary!
Triangle be the mother of - 159 to 149-146 (Took a longer path but the destination was reached)
Bounced from 148 & I woke up at time for 151.90
Closing the update. Thanks
Abhishek H. Singh, CMT
India Regional Manager
India Markets-BSE, NSE chat room- https://in.tradingview.com/chat/#b4sFOMIVqPkq8gfQ