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Cypher

Nifty : Billion's Billionaire Dreams...Nope... Don't say so, infact dont say you haven;t expected that upside move. Why ?? Kindly check our Nifty Post on last Monday (22-May-17) titled 50 lakh crore. Nifty decided to do us favor by following our expectations & that's why our analysis are right. If there is No favor by Nifty, we won't be getting this much success rate for sure. So whats in for the Day ? Scene 1 : The Double top & Cypher, if yesterday's bull's are tired, Nifty will drop down a bit, purely for Intra lovers you can make some points here Scene 2 : A new high being made, but right next after expiry day ? Market will be that active ? Well, I'm not sure... For Positional traders, as per Monday;s post on wave 4 end, long should have been initiated. So how many of you going for Sachin's : Billion Dreams ?? I'm planning for that...Till then take care..Happy Weekend Signing off, InsiderB
NSE:NIFTYShort
by InsiderB
4
POTENTIAL LONG SETUP : BULLISH CYPHER + TRNED LINE MERGE Hi, We have another potential Long opportunity at the D leg completion of bullish Cypher setup of TCS Daily chart. The price reversal expected near to 2243 which is D leg completion of the pattern. There are chances of trend line & D leg of the pattern to merge,we may witness strong price action to upside if it happens The PRZ zone is only a guideline of where we will be paying attention for trade setups and opportunity's. Stop loss would be placed below X leg structure support . Target 1 - 2377 Target 2 - 2462 (When looking to take targets on the bullish Cypher Pattern the first step is to use your Fibonacci retracement tool. With your Fibonacci retracement tool draw from the C to D leg, you are looking for target 1 at the 38.20% and target 2 at the 61.80%. To protect the profits you have accumulated at target 1 it is advised you move your stop loss to breakeven once the 38.20% target 1 has been attained, thus giving you a risk free trade to target 2. ) Note : This setup will be valid only if price complete the D leg. Trade with Care Gulz.
NSE:TCSLong
by gulz
2