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Niftylong

Nifty : Panic Selling : Will it turn out to be like Brexit eventLast Post : Nifty -1.76% after touching high of 8960 has now entered into correction mode !! So wave 5 ends of Wave 3 of Wave 3 !! Expect this correction to complete either at 8550 ( Less chances ) or at 8700 levels !! Wait till the FED meet this month -- Once FED goes with no rate hike -- Expect markets to touch life highs !! So Now we are at 8600 -- Should you buy -- yes - the best opportunity to go long !! Huge Buying cash figures !! If this continues market might repeat of what happened after brexit !! No major breakdown !! abc correction of wave 4 of wave 3 gets over at 8550-8600 !! Expecting gap ups from now onwards till Nifty reaches Life high !! Oct 4 - RBI meet -- .25 will be priced in and if 50 bps rate cut happens that would boost markets !!
NSE:NIFTYLong
by AnbHfund
1
Nifty : Lieutenant's, Airspace & Runway Clear - Lets TakeOff !Howdy Everyone, I'm biased today !!! From the title itself you will be knowing that Nifty is on Bullish mode, yes true. Yesterday we had Descending triangle pattern & I mentioned that upmove is not gonna happen yesterday. But its time Now, as we have clear Airspace & Runway, Let's signal the Nifty to take off. I'm expecting around 70-100points gap up, big one but its fine even if its 50pts Gap up. probably Nifty will open above triangle trendline {aggressive entry}, if opens with triangle & breaksout we lucky. But whatever tradesetup it forms go in with proper stops. I don't see any setups for Shorting, so no shorts for Me, though there is potential Harmonic pattern, but for that to complete Nifty needs to move up, lets see that later. Let the bears take rest,Bull Stampede Begins or will they prove Me wrong ? Lets see... As promised, posted earlier ! For the Day : Lieutenant's, Airspace & Runway Clear - Lets TakeOff !
NSE:NIFTYLong
by InsiderB
25
Nifty : Long at 8500 For Targets - 9100/9200So after our last post -Nifty : Brexit Gone - Now What Long The market has risen by more than 8% - i.e Nifty 0.89% . Nifty is now in a consolidation mode -- which we expect to be over within next 2-3 days - rebound might happen at 8471 and if it breaches this then the next stop 8400. Wave 5 of wave 3 in play - means complete wave 3 will be ending soon around life high for Nifty 0.89% . Expecting this play to complete before the FED meet ( FCNR outflow specific to India only could also limit the upside ) !! This was posted on -- Trade still remains open !!
NSE:NIFTYLong
by AnbHfund
Nifty 50 : Hearti'ley Gartley - Expecting Gap Up !Happy Monday Guys ! With 29 mins to go before Nifty goes live for the day, It will be thinking as " Shall I Gap Up for the day ?? " " What I can do to surprise them ? " . We are getting back to back patterns, we had Bearish Cypher which resulted in fall of Nifty & Bullish Cypher which kicked the price for Gap Up on friday right on Target-1 and Now, we have Beautiful Gartley and bcos of that reason I'm slightly biased towards Gap Up and hitting minimum Target 1. So this Nifty ranging will give Gap Up and reach our targets ? Let's see... Happy Trading !
NSE:NIFTYLong
by InsiderB
19
Nifty : Let's Ride the waves...Happy Monday Friends ! Probably,few have Monday blues but we are the ones who wait for Monday...This particular post is kind-of educative analysis to determine overall view of the markets purely based on prediction from my experience. Let's check our surfboards right away & get it ready to surf along Nifty waves... Next resistance level for Nifty around 8800's to 8850's,lets keep a note of this zone will be used later in analysis. The above chart has two types of Elliott wave counts (nothing complex, simple wave counting only). Wave Type-1 starts @ 8520's & Wave type-2 @ 8540's. In both wavecounts Nifty has completed Wave-2 and now moving along Wave-3 where it's kinda consolidating forming symmetrical triangle pattern. Now we need to look for wave 3 end, check the fib extension levels on Wave-1 for both type-1 & type-2, Fib extensions 1.618 of Wave-1(Type-1) & Fib extensions 2.0 & 2.24 of Wave-1(Type-2) ends up in our marked zone 8800-8850,so Wave-3 will end in this zone. Wave-3 is biggest wave, so what if we get a chance to ride the wave ? Yes, we do have a chance with the symmetrical triangle which we have noticed earlier.Considering that an upper breakout happens in Nifty, we will ride the bulls up to our zone 8800. Now,please take a look at chart again what do we see ? Bearish Crab...coinciding with wave-4, lets remove our Bull shirts and dress up as Bear's till next support in Nifty which is 8700.Then back again to wave-5 upwards to 8900's. So here we are planning for all blooming rosy scenario of 500pts in Nifty. If someother priceaction happens in Nifty other than our all rosy scenario, re-analyse the charts and enter based on confirmation from your tradeplan. Never enter on hope that as we did analysis,Nifty will follow our path.Everything goes well, we will pocket 500pts in next 20 trading days,probably around Sep 20's.With RBI Governor's appointment announced,if market takes it as positive we will get breakout from this triangle. The crux is to enter Wave-3 of Triangle breakout, Wave-4 on Bearish Crab and Wave-5 on simple pullback system.There is another post I did on BankNifty based on Elliott's in-line with this Nifty analysis,check it out. I hope this post is really informative on how to do an analysis n confirm your entry points. Hit Likes if you agree with the content/ideas...They keep me motivated to post more quality analysis... Feel free to leave your comments/opinions...Thanks for your Support ! Happy Trading !!!
NSE:NIFTY
by InsiderB