WaveTalks

India Nifty--(L-S)How can you forget 8650--Update-1

Long
WaveTalks Updated   
NSE:NIFTY   Nifty 50 Index
18
(L-S)---(Long First & Short Later) As per update--"India Nifty--"Break of Channel & How can you forget 8650"...comment section -14:30 Hrs--27th July 2016-- Going Above 8600 ...we shall look for a push till 8620-8625...if 8570 intact...which is the case till current situation... Having strict stop below 8575 once crosses 8600...look for a push in the zone 8620--8625 where current fall from 8665 to 8572 shall be retraced by 61.8%... obviously going below 8570--we are going down...as per morning updates...
Current Price --8590

Regards,
Abhishek H.Singh, CMT
Trade active:
09:18 Hrs--IST--28th July 2016-- Welcome to Expiry Day...The action could be range bound until..Nifty breaches 8665 on top or 8570 on downside direction...Trading Strategy Could be --If Nifty falls close to 8600 & bounces above 8645 --Look to buy for a target 8680--8690....else breaking 8570...Puting day's high stop ...can look for 8510--8520 Target Zone...Regards

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

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