Hello guys,
What are you doing?
As you saw from last 4-5 days nifty Is riding between 9750-10000 level Consolidation between the same zone,
When the price is consolidation between the same zone its means we will see a big move in nifty in upcoming days either its bullish or bearish.
Bt According to elliote wave setup currently we are riding on 4 the wave-making Bear flag as you can see in chart I am bearish in nifty for target 9600-9400-9200, You saw an inverse cup and handle pattern, it makes our winning ration more success in trades
So what will we do next?
Make your view In short sight until Price is not riding above control price, Nifty is weekly support 9720 if it will break in next week we seen Price toward our target.
I am shorting nifty below 9820 For Target 9750-9700-9650 ( Day trader )
Short nifty below 9720 for Target 9600-9500-9400 (Swing Trader )
Between this range, you will see up and down moves so book your profit in this market or using trailing stop-loss in trades
Please like if you like my analysis
Thanks
What are you doing?
As you saw from last 4-5 days nifty Is riding between 9750-10000 level Consolidation between the same zone,
When the price is consolidation between the same zone its means we will see a big move in nifty in upcoming days either its bullish or bearish.
Bt According to elliote wave setup currently we are riding on 4 the wave-making Bear flag as you can see in chart I am bearish in nifty for target 9600-9400-9200, You saw an inverse cup and handle pattern, it makes our winning ration more success in trades
So what will we do next?
Make your view In short sight until Price is not riding above control price, Nifty is weekly support 9720 if it will break in next week we seen Price toward our target.
I am shorting nifty below 9820 For Target 9750-9700-9650 ( Day trader )
Short nifty below 9720 for Target 9600-9500-9400 (Swing Trader )
Between this range, you will see up and down moves so book your profit in this market or using trailing stop-loss in trades
Please like if you like my analysis
Thanks
