NIFTY TO FORM BASE TO PUSH HIGHER VIEW FOR WEEK ENDING 30 MAR 20NIFTY Trade plan 2 Long ONLY AFTER 1015 hrs- 1315hrs
Possibly End of Wave c/(2) or (B)
Trade Plan
Support is around – 8528-8342-8212
Going Long from support would be a good idea
We can expect a Higher levels as mentioned on chart as Targets. Follow through of the said view can easily take #Nifty to 9859-10100 levels
Those who want to go long should have patience to let the price come to support and form a base for upward journey of #Nifty towards 9859-10278 in coming days.
Expected Time for Upward reversal- 1015 hrs- 1315hrs
Be Proactive Trader, rather Reactive Trader
Better Insight, Better Trade Execution
Views are for ‘’EDUCATIONAL PURPOSE ONLY’’ trade at your own risk.
"Always Respect Risk"
Happy Trading
Jai Hind
Dhiraj Singh Bais
Warrior @ Battle field
FOLLOW UP TRADE
Niftyexpiry
Nifty: Intraday Trade Setup for Expiry Nifty: Intraday Trade Setup for Expiry
As I have mentioned in my previous day's posts, I am buying Nifty on every breakout of its supply zone. Now I am in that position that If tomorrow Nifty will open 100 points gap dow then also I will be in a profit.
The trend is your friend and " Bhav Bhagwan Che". Received many messages who took a short trade and now they are stuck. They are bearish in the market and on every strong momentum they made a short position (In some case analysis may go wrong is a different thing but don't have a knowledge of analysis is a different thing).
As per my view in the short term trend, neither I am bullish nor bearish and in a long term time frem I am bullish but this view doesn't impact my intraday trading.
Anyways, Tomorrow If Nifty will trade in the 12050-12120 zone then I will trade in option writing. If Nifty will sustain above 12135 then I will go long in Fur for the target of 12200.
Trade Well.
Nifty : The Ultimate Game of Risks !Note : Its 9400, not 8400 same mistake again ! :)
True to the title, Expiry is the risky game which everyone wants to play. Either you make money or wipe out whatever you invested in the last session of the Game. Yes, Read it again " Complete Wipe Out of Your Options value "
Before you should step in, you should know that very well. Bcos No-one gonna repay your money back, if you dont want to risk, stand on sidelines and watch how it goes, there is No harm in watching without investing. Bcos a Penny Saved is Penny Earned.
So here it is : i) There is no way Nifty is going to close below 9300's
ii) We are going to have false breakout on one side, I strongly believe, probably its downside false break
iii) At the very end of false breakout begins the expiry Game & Nifty Options play happens
iv) If we get direction ( 20% chances only ) continue option play on directional side ( rare possibility)
v) I have explained how I will be playing Expiry Game but that doesn't mean you should do same way. So Please check your plan n risk, its your money :)
Sorry about late post, was busy travelling in the morning, Just got access to Monitors :)
Happy Trading & Happy Expiry ! Once Again Either you Make something or WipeOut...Beware of it..