Posted in comment section to exit Nifty at 8745 -Looks Risky --Out-Out -Out. Shall look for pullback to see what kind pullback it is?.
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14:23 Hrs- 6th Oct2016
Trading@8728
The pullback is currently taking place from day's low-8707. Going Below 8707 - we will look for this move to continue down- which I shall update.
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15:11 HRs 6th Oct2016
Trading@8705
Fall Started below 8707 - made a low@8685- New Low - Looks like it will retrace this fall so -coming tomorrow I will monitor the price & take fresh selling positions.
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16:20 Hrs 6th Oct2016
USDJPY -Nifty's Brother called me saying that I am going to fall -Take care of my brother. So, I got the clue.
Expected this in USDJPY last Night
What Happened in USDJPY
Finally What Happened -Before a phone call from UJ(USDJPY)
Comments
uttamtrader15
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great call on jpy.....some light on nifty plz?
WaveTalks
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Hope so you got the update -new one on nifty as of today. yaa, I was stuck in a meeting in morning session so could not update. Regards
uttamtrader15
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NEW one? no Abhishekji
WaveTalks
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I published a new update on Nifty
WaveTalks
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you have t follow me to get the updates on time
SumitMakkar
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Watching your analysis it is accurate (also the comment in USD-JPY). Well my estimation is nifty should now test 8820 and if goes above that should form a inv h&S ultimately moving much higher if that happens pls if you can look at it that way. Await your feed back.
WaveTalks
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Need to wait for price action unfold -Then only can get some clue
mragarwal
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great call
WaveTalks
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Hope so you enjoyed. Regards
mragarwal
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I enjoy the discussion and the community of similar minded professionals more.. :)