Nifty- Bearish Gartley at 9845-9855 Zone Sell for 9820-9790-9770

Last Time BAT gave us 9880- Two targets & we were out at the top shown as oval shape. This time it is Bearish Gartley at 9845-9855 - That is the PRZ zone.

If holds below 9850 then it is good for target 9820-9790-9770.

Nifty should not sustain above 9850 which is a psychological level.

Previous Update - Bullish Bat at 9775

Trade active:

09:32 Hrs 24th Aug2017

Last Price@9868

Bearish Gartley is still active until X-Wave@9885 is taken out. Long positions will come in force only above 9885 or we look downside as expected above.

Trade active:

09:50 Hrs 24th Aug2017

Last Price@9850

Look it turns below 9885 from 9876 - Risk of 9 points & we are in the wave.

Trade active:

09:57 Hrs 24th Aug2017

Last Price@9860

See how 9850 is holding so either one takes sell below 9850 or sell close to the top as we did few mins ago. You can't change the bus in between.

Trade active:

10:33 Hrs 24th Aug2017

Last Price@9861

Again it turns upside from 9850 exact.

Trade active:

12:18 Hrs 24th Aug2017

Last Price@9853

4 times Nifty turning above 9850 - How strong 9850 level is one can see in this 1st half session of the market.

Trade active:

12:24 Hrs 24th Aug2017

Our Headline - "No Shorts below 9850"

Trade active:

12:25 Hrs 24th Aug2017

Sorry for the typo error - " No shorts or selling above 9850 - can sell below 9850"

Trade active:

12:42 Hrs 24th Aug2017

Last Price@9867

Nifty is playing box match. How many of you have played box match in your childhood.
Out of the Box will decide the next travel plan.

Wish You Happy Ganesh Chaturthi!

May Lord Ganesha help all of us to keep our emotions away while playing the box match.

Have Fun & Enjoy the Weekend.

Trade active:

06:59 Hrs 25th Aug2017

Good Morning All,

9850 has acted as very good support for the nifty yesterday so holding 9850 support - we have positive bias that means keeping stop loss below 9850 we will look for 9900-9930 as our target zone next
Also, keep in mind 9850 cannot be broken - if it breaks then we have to be cautious or careful.

Regards.