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WaveTalks
Jul 27, 2016 9:28 AM

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

Nifty 50 IndexNSE

Description

(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
Comments
VenkatDiamond
Thank u sirji,now how to treat this wave 8590 to 8675 ,is it B?
VenkatDiamond
Today corrective c wave doesn't happen expect c wave up to 8530 but it went to higher why any view pll
WaveTalks
count is invalidated...crossing 8640--8645
WaveTalks
You should never be adamant & change as fast as you can...if market proves you wrong
WaveTalks
Market is God
VenkatDiamond
Fantastic charts abhisekh ji how may I contact u
sanjayplayer
Hello sir, nice to see Indians at here & also nice to see nifty chart. I have just seen your chart in Tradingview. I would like to know more about you and your strategy to trade.
WaveTalks
Welcome
mithun15
looks like 8645 is holding....can we enter long now?
WaveTalks
No.............Holding when...first it has to cross the PRZ-Potential Reversal Zone...& then if it holds...then only long...
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