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

NSE:NIFTY   Nifty 50 Index
417 7 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 #.............

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...
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, CMT
India Regional Manager
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India Markets-BSE, NSE chat room- https://in.tradingview.com/chat/#b4sFOMIVqPkq8gfQ

Seems like we are good till now and following wave C till the red lines. Wave 3 was not 1.618% of wave 1 so wave 5 might get extended. Let see what happens then we will see some more up trend for a new high. Any problem in the counts please let me know that will be a great help.

Well i wont be disturbing you sir any more this is the last one i have already posted it in my blog on 11-4-2016. Lic housing finance seems to be ready for a fall but one could buy carefully for 540 target atleast, than sell the stock. If any mistake done please let me know.
Excellent...You should put updates...on Trading View...Regards
vinodsinghfcca AbhishekHSinghCMT
Thanks. I trade in nifty only lack of money. So these are for those who can. There is one more chart of castrol which i think looks bullish for a target of 453, entry could be around 425 means now with a Sl 419. This is my opinion. Has a very good risk reward ratio of 4:1.



These are the JSW steel chart which suggest we will see more up trend in the market so one could buy this stock for the target 1837. The third one is the alternate wave count. Long term look of the chart is buy.
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