WaveTalks

India Nifty--90 points + & More to go with H&S Pattern

Short
WaveTalks Updated   
NSE:NIFTY   Nifty 50 Index
12
90 Points We Already Have Taken Profit --As per comment Section & The Oval Shape shown just below neckline.goes in previous update--India Nifty--I am B.B. (Bulls Take Care)..

There is an H&S Pattern which shall give a conservative target of 8480--8490...going below day's low@8545...

This will add 140--150 points in today's session i.e.(3rd Aug 2016)....

Come & Join The Indian Version--https://in.tradingview.com.............

Regards,
Abhishek H.Singh, CMT
Trade active:
13:20 Hrs--IST--3rd Aug 2016--Nifty is flirting Around 8545--8550....We will not short unless it goes below 8545...current price 8565...Infact we shall look for a bounce in the zone 8600--8615 as per comment in previous update...Regards, Abhishek
Comment:
14:15 Hrs--IST--3rd Aug 2016-- Nifty Bounced ....Boom...Current High was 8583...Current Rate -8570....Trail your stop loss to 8554...Going Below 8554 we will exit & take short once it breaks 8545...or wait for the bounce in the zone 8600--8615...Regards, Abhishek
Trade active:
14:55 Hrs--IST--3rd Aug 2016-- Current Rate --8571...Its again flirting between 8570--8580...One can Book here Partial Profits & wait breakout to trade further...
Regards
Trade active:
15:15 Hrs--IST--3rd Aug 2016--- Nifty Breaks ...8545...but we were out in small upside rally taking 15 points at 8570....Look the falll...awesome...........Running again in profit below 8545....Vow...Its Amazing...Like a dream...Guys Let us not be greedy & take all profits & run away for the day...

Totalling --100 points in Nifty Trade.

Current Price--8540..

Regards, Abhishek
Comment:
11:20 Hrs--IST--4th Aug 2016---Bank Nifty is above the zone 18500--18525...as per the overnight update..."2 Zone before Falling"...Nifty we will take short only below 8520...in coming session...Going Above 8640...Nifty could again jump..Regards, Abhishek

Best Regards,
Abhishek H. Singh
​Growth Director - TradingView India

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