Get started

Elliottwaveidea

Nifty -Possible Leading Diagonal-Selling from the Tops @10550Disclaimer ----------------------------- All investments involve risk, and the past performance of a security, industry, sector, market, financial product, trading strategy, or individual’s trading does not guarantee future results or returns. Investors are fully responsible for any investment decisions they make. Such decisions should be based solely on an evaluation of their financial circumstances, investment objectives, risk tolerance, and liquidity needs. ----------------------------------------------------------------------------------------------------------------------------- Leading Diagonal (Type 1 Diagonal) Question in Level 3 CMT Exam -------------------------------------------------------------------------------------------- Real-Life Story - In 2015 - Got Question in The Final Level 3 -CMT Exam - What is Type 1 Diagonal which I got a logical solution just by connecting the pieces & thinking about Ending Diagonal (Type 2 Diagonal) which ends the structure whereas Leading Diagonal (Type 1 Diagonal) starts the structure- helped me to crack the question. -------------------------------------------------------------------------------------------------------------------------------- Questions which we need to ask ourself in the current scenario - Is this a Big Leading Diagonal from 7512 to 10552 then also deep retracement is possible & holding 7700-8000 zone with minor supports 8800-9000 can open the extreme bullish scenario ------------------------------------------------------------------------------------------------------------------------ Trading Strategy ----------------------------------- Selling From 10540-10560 as suggested in the previous video ideas & status update or Sell Below 10300 for 10000 / Below 9950 for 9700-9725 / Below 9700 for 9550 -More on the downside if 9500 gets broken -------------------------------------------------------------------------------------------------------------------------- TradingView Profile Page in.tradingview.com --------------------------------------------------------------------------------------------------------------------------
NSE:NIFTYShort
by WaveTalks
31
Auropharma - Tighten Your Seat Belts! Below 700 for 600 TargetDisclaimer ----------------------------- All investments involve risk, and the past performance of a security, industry, sector, market, financial product, trading strategy, or individual’s trading does not guarantee future results or returns. Investors are fully responsible for any investment decisions they make. Such decisions should be based solely on an evaluation of their financial circumstances, investment objectives, risk tolerance, and liquidity needs. --------------------------------------------------------------------------------------------------------------------------- Selling below 730 - We look for 600 Target - if you get nervous in between do book partial profits at milestones like 685 / 655 / 625 - They are temporary halts.
NSE:AUROPHARMAShort
by WaveTalks
82