Nifty Metal IndexIn this video I have tried to show some interesting aspects about Nifty, Banknifty and Nifty Metal Index. Also, i have discussed few of the interesting stock setups which an individual can use for studying.
Stocks!
Nifty - Drawing Expert@11550-Journey of 550 Points11:10 Hrs / 24th April 2019
Nifty Last Price@11582 - Spot Price / Cash Price
This piece of analysis I would like to dedicate to Mr. Armando Avila, Former editor of Lowrider Arte ( Lowrider Magazine) who followed the words of wisdom as suggested by his Abeulita (Spanish word for Grandmother) when he was just 8 year old boy & turned his passion into reality- The drawing expert.
Lowrider (Source - wikipedia)
A Lowrider (sometimes low rider) is a class or style of customized vehicle. Distinct from a regular lowered vehicle, these customized vehicles are generally individually painted with intricate, colorful designs, rolling on wire-spoke wheels with whitewall tires.
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Trading Strategy
Plan A -
Buy if holds above 11600 for 11690-11710 target zone
Plan B -
Buy only above 11710 for 11850 & Above 11850- look for 11880-11925 Zone
Plan C-
Sell if 11880-11925 gives resistance - Do not sell if moves above 11950 as we can expect explosive upside move to 12150-12185 as suggested over the video - sign of Uranus planet where explosive breakouts can be expected.
Plan D -
Sell Below 11500 for 11300-11325 zone
Plan E -
Refer Last Video Idea of 9th April 2019- "Let us make some wedges" as mentioned below (click the idea)
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You can scroll down the idea - can comment & put your feedback & support the idea.
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