Swarnendu_Mitra

Swarnendu_Mitra

One more ATH or direct breakdown, end result is 11324/10.

Swarnendu_Mitra Updated 

NIFTY has completed or will complete W4 bottom tomorrow. Sell NIFTY at 11900+ when top is formed for minimum 11320, though the ultimate target can be much bigger. But, that's something for the future For now, buy NIFTY with an SL of close below 11510 for a target of 11900+. Buy as close to SL as possible. Close below 11510 might confirm that the top is already...

Swarnendu_Mitra

NIFTY will stay rangebound now with good bounces both side.

Swarnendu_Mitra Updated 

Both Red&Black counts possible..

Swarnendu_Mitra

Any of the three scenarios possible: 1. Top done 2. Another high near (above or below) ATH 3. 2 more highs pending and top is near 11900 (above or below). Short only on confirmation.

Swarnendu_Mitra

NIFTY is creating a bullish flag pattern, break-out may bring 1000 points, the size of the pole.

Swarnendu_Mitra

This is day-dreaming at this stage, but 9250-8500 comes as the final target as per this.

Swarnendu_Mitra

Go short IF day RSI CLOSES or will close below TL and price also CLOSES or will close below the low. Initial SL is RSI above 70. TSL every intermediate tops RSI will make if the trade is successful. Target RSI 30 and beyond, work with TSL, reverse when TSL hits.

Swarnendu_Mitra Updated 

Sell each rise till 11500 is saved on 15 mnt chart closing basis.

Swarnendu_Mitra

NIFTYis getting ready for it!!

Swarnendu_Mitra

NIFTY has broken down the RSI Trend-line and has given a pullback to retest the TL. But during that process, it has also created a hidden bullish divergence. So, RSI outlook is neutral. but short if the following criteria meet. 1. RSI doesn't CLOSE above 70 again. 2. An hourly candle CLOSES below the Horizontal line 3. Corresponding RSI also CLOSES below it's...

Swarnendu_Mitra Updated 

Most bearish scenario is still another top pending. There are two completely opposite possibilities as per higher TF. 1. W3 done at 11171, W4 done as running flat 9951-11760-10004, and W5 started for a target beyond ATH and 12xxx/13xxx. OR 2. W5 done at 11760, A done at 10004, last leg of B running and...

Swarnendu_Mitra Updated 

I think no ATH in 2019/20.

Swarnendu_Mitra

I guess 0.886 retracement could turn out to be "The Big Short"