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

NSE:NIFTY   Nifty 50 Index
224 5 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, CMT
India Regional Manager
| LinkedIn
India Markets-BSE, NSE chat room- https://in.tradingview.com/chat/#b4sFOMIVqPkq8gfQ
Sir...You should wait for a day or two ..it will consolidate between 92--100 but once it moves above 103.50...It will explode on upside 1st it should cross 114....Regards
Nice..Could you have a look at vedanta charts?
this is too much for an upside . last night nasdaq was up and today we see nifty up so high , this is crazy
Time to short now;
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