WaveTalks

India Nifty--Tighten your seat belts for 7790--7810

Short
WaveTalks Updated   
NSE:NIFTY   Nifty 50 Index
6
Momentum Indicators are slowing down...we have finished extended 3rd wave in the zone 7860--7870...Avoid long positions or close all your longs....Whenever we have extended waves Index could crash.....
Comment:
No confirmation for going shorts yet
Comment:
I guess we exited little...apologies....just got 120 points only profit in Nifty...Sometimes you have to contain & don't become greedy...after all we are all human beings. Regards
Comment:
(13:00 Hrs IST ) Let us not hurry ...I will update when I am going short regards, Abhishek
Comment:
Oh...God...Hurried Hurried...Why I am in so hurry....I entered at 7750 & exited at 7870 ....Yaa...I never had selling confirmation so I updated that let me get sell confirmation....my god upside is extending..7925...
Comment:
7940 is a crucial level...Agressive traders will lose only 10 points ...I think that risk shall be worth taking.
Comment:
26th May 2016.-- 9:30 Hrs....No shorts please Above 7960 ...we can look till --8020--8030 with strict stop at 7900
Comment:
26th May 2016--11:30 Hrs....Fall of 25 points not looking good ...Traders once if Index goes below 7960...Exit your longs...Current Rate--7973...Regards
Comment:
26th May 2016 --12:00 Hrs .........7960 is intact...& not hit ..we are holding our long position
Trade closed: target reached:
Close long positions...Bang on..8020

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

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