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WaveTalks
Jun 17, 2019 1:37 AM

Nifty - Can Right Shoulder Support Right Shoulder@11800 Long

Nifty 50 IndexNSE

Description

Trading Strategy

Support Zone 11775-11800

Once this zone holds we shall look for upside targets

Target 1- 12000-12040

Above 12050
Target 2- 12125-12175/12185

Extreme Risky Traders

Sell below 11750 for 11700 & Below 11700 for 11600/11450

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Previous Ideas

29th April 2019 - How will you sell - X-Wave Mission



15th May 2019 - Before Exit Poll / General Election 2019 outcome@23rd May 2019


22nd May 2019 - Exit Poll or Exact Poll


11th June 2019 - Head & Shoulder at 12000

Trade active

13:47 Hrs / 17th June 2019

Last Price@11710

Selling Target Done @11700 (Approx) as suggested for Risky Traders below 11750 - Day Low@11702.50

Pattern also got completed - Presenting You The Head & Shoulder from 12000 to 11700 - Isn't that amazing

Trade closed: target reached

19:29 Hrs / 17th June 2019

Last Price@11672

What are you planning next? Bye & Take Care.
Comments
Vikalpbothara
I guess the world markets are following you 🤣 since you wrote buy they follwed you 😃 awesome analysis.
bajajct100
thank you sir.
niteshkumar
ur analysis always vvv good
niteshkumar
tell abt nifty abhishek
WaveTalks
@niteshkumar, Nitesh, usually I don't answer any idea which I close. So, I will update you in your DM. Thanks
Vikalpbothara
Since it closed below 11700. Are we looking at the targets of 11600/450?
WaveTalks
@Vikalpbothara, Once I close the post, I don't answer any query here. Thanks
AMBRISH
Excellent presentation on Head and shoulder pattern.

Thank You.
WaveTalks
@AMBRISH, Welcome!
AMBRISH
@AbhishekHSinghCMT, Cheers!
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