Nifty - Short Term Buy Setup

Oct 30, 2018

Hi,

Please refer chart for details.

Trade with care
Gulz

Oct 31, 2018

Note

As expected, Price dropped down & Time for long entry

Oct 31, 2018

Trade active

Buy the first candle close above the box

Oct 31, 2018

Note

A move which i'm anticipating has updated on twitter ( As the analysis done on another platform)

twitter.com/mr_gulz/status/1057509635970744321

Oct 31, 2018

Trade active

Stop can be vary from person to person for this trade ( i prefer tight stop (aggressive) as always as it will give better risk reward)
Aggressive stop to be few points below of today's low 10105 ( below the box)
Conservative stop below 10003
Targets level to be as 10380-10440 for now --but will look for extended targets till the start of the wedge pattern based on the wave count ( i.e market to show some proof to validate it) .

Oct 31, 2018

Trade active

Wow .. What a move , 100+ points done in no time

Oct 31, 2018

Trade active

150+ intra points ..
seems there is a inv head and shoulder break out also occurred, which support my Elliot count for now.

Oct 31, 2018

Trade active

Cheers .. caught the 200+ intra move !!!

Oct 31, 2018

Trade active

Nov 2, 2018

Trade closed: target reached

So far all hit, Close to the final extended target, remaining position will be squared off near to to the start of wedge 10700 level

Nov 13, 2018

Trade active

Nifty on 5th wave -- updated chart chart available on below link
twitter.com/mr_gulz/status/1062256480731115521

Nov 19, 2018

Note

All targets hit -- 550+ Points