Hello Readers,
Crack from 11760 Highs
Excited to have the crack & the fall which was amazing in major indices Nifty & Bank Nifty -. Nifty Cracked 250 + points making close by low of 11400 mark & Bank Nifty 1000+ points.
Crab- Pushed to 11600 Highs
Bullish Crab Pushed pushed Nifty to 11600 Highs in last trading day of the week.
What Next?
The move from 11400 to 11600 -looks extremely choppy & hard to digest as crabs can't be digested easily on a lighter note.
Trading Strategy
Look to sell in 11610-11625 zone for downside target of 11485-11500 & Below 11450 for 11400+ more on downside
also careful once starts trading below 11450 - it should not stay or move above 11450 otherwise 2nd selling should be deleted.
Target 1- 11485-11500
Target 2- 11385-11400- No selling if it stays above 11450 levels
Note - No selling above 11625 levels
Last Published Idea- Revisiting Monthly Wave Count - click the idea
Shall be happy to have your comments
Happy Trading
Crack from 11760 Highs
Excited to have the crack & the fall which was amazing in major indices Nifty & Bank Nifty -. Nifty Cracked 250 + points making close by low of 11400 mark & Bank Nifty 1000+ points.
Crab- Pushed to 11600 Highs
Bullish Crab Pushed pushed Nifty to 11600 Highs in last trading day of the week.
What Next?
The move from 11400 to 11600 -looks extremely choppy & hard to digest as crabs can't be digested easily on a lighter note.
Trading Strategy
Look to sell in 11610-11625 zone for downside target of 11485-11500 & Below 11450 for 11400+ more on downside
also careful once starts trading below 11450 - it should not stay or move above 11450 otherwise 2nd selling should be deleted.
Target 1- 11485-11500
Target 2- 11385-11400- No selling if it stays above 11450 levels
Note - No selling above 11625 levels
Last Published Idea- Revisiting Monthly Wave Count - click the idea
Shall be happy to have your comments
Happy Trading
Trade active:
10:07 Hrs 10th Sep 2018
Last Price@11507
1st Target Zone 11485-11500 Kissed at current low@11496 and Bank Nifty falling 200+ points makes the session - Wow! session
Last Price@11507
1st Target Zone 11485-11500 Kissed at current low@11496 and Bank Nifty falling 200+ points makes the session - Wow! session
Trade active:
10:17 Hrs 10th Sep 2018
Last Price@11517
Can we bounce - Yes Please if that zone is intact as suggested earlier.
Last Price@11517
Can we bounce - Yes Please if that zone is intact as suggested earlier.
Trade closed manually:
Done & Out
Thanks
Thanks
Best Regards,
Abhishek H. Singh
Growth Director - TradingView India
YouTube Channel www.youtube.com/channel/UCYcnYveYBNLD-Qp54hvZogw
Twitter Handle
twitter.com/TalksWave
Telegram Handle
(Deleted)
Abhishek H. Singh
Growth Director - TradingView India
YouTube Channel www.youtube.com/channel/UCYcnYveYBNLD-Qp54hvZogw
Twitter Handle
twitter.com/TalksWave
Telegram Handle
(Deleted)