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WaveTalks
Sep 2, 2021 5:27 AM

Nifty- Bullish Gartley Above 17055 (Target-17200/17310) Long

Nifty 50 IndexNSE

Description

Harmonic Bullish Gartley Above 17055 for Targets 17200 / 17310

Trade active

11:05 Hrs / 2nd Sep2021

Last Price @ 17139

If you missed no problems. Have patience & getting opportunity close in 17075-17100 as suggested earlier should be the demand zone -if that zone holds then bounce can be expected.

Trade active

11:58 Hrs / 2nd Sep2021

Last @ 17171

Key reistance - 17175

Index can take a possible halt & continue upside once it crosses above & holds 17175 levels

Downside 17100-17110 minor support zone

Trade active

15:27 Hrs / 2nd Sep2021

Last @ 17227

Book profits & join tomorrow if Nifty pushes above 17240 or it could again start falling back to 17055 & below 17055 - it can become aggressive for bears

Trade closed: target reached

09:41 Hrs / 3rd Sep2021

Last @ 17265

Target done at 17310

Day High @ 17311.95

Comment

12:50 Hrs / 6th Sep2021

Last 17373

Nifty Update

Index Broke the previous High at 17311.95 Extending the moves. Wow!!! Holding above 17310 -critical low & 17340 -key low, bias still upside for 17425+ Just be cautious if starts falling below 17350 as this is a psychological level where a trader should be on sidelines.

Happy Trading!!!

Comment

09:24 Hrs / 7th Sep2021

Last @ 17351

Sharp Fall below 17425

17425 was the suggested target yesterday.
Comments
samratkakkar
Some form of consolidation / profit booking lead dip is over due. This week itself Nifty has moved up by 450 odds points so far. Some intra day dip should happen Tom. Let’s see.
krihar
Thank you
rajesh51975
🔴🔴 Sir Nifty last all time high 12430 - 7500 = 4930 + 12430 = 17360 target.
WaveTalks
Akshay77
Thank you sir.
praveen38
wow, good to know, so that could save from short & protect losses. Thanks
lenovo20000tablet
Duration for that tgt?? How many trading sessions are required for Nifty to achieve said tgts.
WaveTalks
@lenovo20000tablet, You are asking a question of another dimension - Time, which is the biggest mystery in markets. Unfortunately, have no comments.
lenovo20000tablet
Is there any possible way to slove that time mystery?? If so pls give us a hint about it..
WaveTalks
@lenovo20000tablet, Time mystery can be solved using Gann Theory / Financial Astrology - Both of them again a complex theories & Financial Astro - is not believed by much.
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