NIFTY OUTLOOKIn the previous post of NIFTY OUTLOOK the weekly target and support was given and alarm for cautiousness was updated. The target was missed by a small margin and as expected NIFTY came rolling down. But the weekly support was not broken and respected Dot to Dot . In-fact a Bullish Wolfe Wave was formed at support which was even updated when nifty was at its bottom. ( The link is mentioned below )
The target was mentioned as 18310 which was even achieved and a downside reversal was seen. So managed to achieve 300 Points return in NIFTY
The reversal was because of a Bearish Wolfe Wave formed and the target of it remains to be 18100 Levels.The level is important because it is a cluster of P4 of Bearish wave formed and the Golden Ratio of the entire recent uptrend.Once it is broken the targets will be updated or if nifty takes support the next move will be updated as well.
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Chart & Analysis By- ADARSH DEY
Targethit
TARGET HIT : NIFTY HIGH PROBABILITY LONGToday the Indian markets showed very good bullish momentum in the second half of the trading session. Our entry got activated at around 2:05 pm and we even hit T1 .
We could have hit T2 as well but our entry got activated very late and that is why the markets did not have enough time to move up from our entry .
Tomorrow if the market opens gap up then we can surely hit T2 and might hit T3 as well .
TARGETS HIT !! BANKNIFTY ANALYSIS: ALL TIME HIGH TRADEToday Banknifty gave a stellar breakout in the first 30 min of the session after activating our all time high trade . But as the session progressed, nifty started showing weakness
and also dragged banknifty along with it . The bearishness in nifty today faded the momentum in banknifty but it still did not fall as much as compared to nifty. Had nifty just been able to sustain the gap up opening and remain sideways after the gap up , Banknifty would have gone much more beyond our T3.
Banknifty took rejection around our second target and faded its momentum . As, for me , I exited my option trade in banknifty after it formed the shooting star or inverted hammer around our T2 . We could still capture around 180 points of the move in banknifty and made good profits.
Hope everyone who followed my analysis exited the trade around T2 and made good profits as well :)
Mindtree gave a good upmove!The stock was consolidating from from two trading sessions now It gave a good momentum and I achieved my target. Seeing today’s sessions there can be chances that it can again rally up.
TARGETS HIT!! NIFTY EXPIRY LONGITS RAINING PROFITS TODAY!! 🤑🤑
Earlier I posted a Nifty expiry long trade and all the levels worked like wonders today. Nifty opened directly at our entry level and I updated on the post saying that we can enter the long trade as soon as the markets open . We captured about 80% of the move in the market today and hit our targets as soon as nifty hit the all time high. I exited my option trades at our 3rd target . Over greed is also not good in the markets and exiting the trade was very important at our T3 .
( Intraday )---- UPL---- profit 25k in futures Good Morning Traders
Nothing To something To everything
🙏🏻🙏🏻🙏🏻🙏🏻🙏🏻🙏🏻🙏🏻🙏🏻🙏🏻🙏🏻🙏🏻🙏🏻
👇Follow Ups on the comment section 👇
———TRADE SUMMARY———
Date:- 21.sep.21
Profit :- 25,000 (1Lot) or 2.76 % in cash
Capital Invested :- 2.3 LAKH
ROI :- 11%
R:R:- 1:3
FOLLOW , LIKE , COMMENT & SUPPORT
All 3 targets achieved in Aditya Birla Fashion [ABFRL]NSE:ABFRL
Today it worked as planned.
All 3 targets achieved.
Now from tomorrow all the same levels will work as support and resistance. Keep the trade on either side if one of the level break out or breakdown and you can keep the next target of next level in either up or down direction in trade.
Hope you had good trading in ABFRL.
Do comment if you have any doubt or suggestion.
LIC HOUSING FINANCE TARGET ACHIEVEDSuggested a long trade on LIC HOUSING FINANCE JUNE 1 with entry point 480 and our first target being 517.
ACHIEVED OUR FIRST TARGET TODAY (JUNE 4) IN JUST 3 DAYS...!!!
TARGET 1 DONE IN JUST 3 DAYS!!!
9.8% RETURN IN JUST 3 DAYS!!!!!!!!!!
TARGET 2 IS ON!!!
You can book some profit here and wait for TARGET 2 and if you do not want to take risk, you may book full profits
TRAIL STOP LOSS (CLOSING BASIS)
FOLLOW FOR MORE REGULAR UPDATES!!
ADANI PORTS TARGET ACHIEVEDSuggested a long trade on ADANI PORTS with entry level 796. (OPEN CHART FOR DETAILED VIEW)
IT ACHIEVED OUR FIRST TARGET OF 810 IN JUST 2 DAYS
TODAY IT ACHIEVED OUR SECOND TARGET OF 839 VERY EASILY IN JUST 4 DAYS!!!!!
5.5% RETURN IN JUST 4 DAYS!!!!!
TARGET 3 IS ON!!!
TRAIL STOPLOSS
FOLLOW FOR REGULAR UPDATES!..
pel view - target metbuy given at 1570
for target then 1588-1597
though as per the pattern target was placed at 1810 level
TARGET MET
disclaimer - trade @ own risk
reference chart below
book full profit for now - till we meet again 🖐positional buy given from 500 level for target 550
on feb 2nd
target met in 2 trading days
🕵️♀️risk:reward = 2:5
keeping it met in 2 trading days
risk : reward has been even more 🏒
😍book here fully till we meet again on this script 😍
for reference buy post below






















