InsiderB
Short

Nifty : Bearish Crab Pattern - Risky setup

NSE:NIFTY   Index of the 50 listed India companies
Hi Guys,

Trading sharks n crabs are the most risky patterns bcos its not like other patterns where we can expect a support/resistance around D completion. Crabs will always have their D legs extended way beyond to 1.618 and sometime continues their move upto 2.24 extension levels. So if you really ok with the risk enter the trade with proper stops, Crabs are as much as rewardable though it has high risk. Better I suggest to wait for an hour or later after market opening to get bearish confirmation in Nifty             before entering the crab setup

Hit Like button to keep me motivated to post more ideas...Thanks for your support !
Happy Trading !!

Back to 8577
+1 Reply
InsiderB PRO ASKSANTHOSHPM
Only if Market reverses.. GST inching very close to reality.. so its like cat on wall !
Reply
Good Idea.,
+1 Reply
Good to see you back, after longtime Ambrish :)
Reply
AMBRISH InsiderB
Internet problem since May ,
Reply
oh ok...Have a good day !
Reply
Ideas Scripts Chart
United States
United Kingdom
India
España
France
Italia
Polska
Brasil
Россия
Türkiye
Indonesia
日本
한국
Home Stock Screener Forex Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Account and Billing Sign Out