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Alternate Bat

Nifty - The Power of M - Magical@11550Review of last Idea Plan A – achieved 80-90 points as discussed in the trading strategy of last video idea. --------------------------------------------------------------------------------------------------------------------------------------------- Power of M can be experienced in various forms. One of such form was visible in current structure in 11550-11570 zone as Bullish Bat Pattern Bullish Alternate Bat Pattern You can learn more about such patterns in Harmonic Trading Book Volume 1 & 2 by Scott Carney(Author). Trading Strategy Holding 11550-11570 as updated in status – it pushed in line & closed at 11600 mark. We look out for following targets 11675 11710 11760 11825-11850 Traders can plan to sell at the highs of 11675 / 11710 / 11760 but surely avoid selling if index moves above these levels as bulls could control the move. Hoping for new all time highs with 11550-11570 holding as support downside. Thanks for watching this video & your precious time.
NSE:NIFTYLong
by WaveTalks
Nifty - Modified Bullish Alternate BatFirst Sell - Later Buy 12:56 Hrs / 31st Jan 2019 Last Price@10749 Do read the update carefully & manage your risk while trading. As trading derivatives is highly risky. Facing Resistance Above 10750 levels & Suggested in all the status updates that we shall be careful in 10730-10750 zone & holding above 10750 only we will look for 10790-10800 next resistance zone. Trading Strategy Plan A Below 10750 - We shall look for a fall close to 10585-10550 zone downside Plan B Buying Later if Nifty Halts in PRZ (Potential Reversal Zone ) - 10550 -10585 zone Plan C Harmonic Pattern is violated but we will plan to buy if 10525-10535 provides support for upside target 10750-10825 Plan D Plan to Buy close from 10500 if goes below 10525-10535 zone for same target upside as mentioned in Plan C above Auropharma - Modified Alternate Bullish Bat
NSE:NIFTY
by WaveTalks