Fri 24 Nov 2017 Nifty View
Aggiornato
Hi All, Good Morning!
Had mentioned 11:58 yesterday, and exactly there, Nifty fell swiftly giving impression to many as if its turning down! But is that really the case? Absolutely NOT!
SGX Nifty is flat today morning, so sideways movement will continue for first 1-2 hours.
Short Term View:
Nifty and BN are up. TSL is 10290 NS and for BN its 25590. Its end I will communicate some 15 minutes in advance. Continue to hold long position with TSL mentioned.
Medium Term View:
Up till 5-6 Dec. TSL is same as ST ---> 10290 NS and for BN its 25590. For targets please refer the chart below, which shows retracement and projection from most recent higher low. As per this, ther are:
Target 1: 10722 NS
Target 2: 10994 NS
Current Position:
Long from 10340 NS.
Accumulated profits: 30 points.
Had mentioned 11:58 yesterday, and exactly there, Nifty fell swiftly giving impression to many as if its turning down! But is that really the case? Absolutely NOT!
SGX Nifty is flat today morning, so sideways movement will continue for first 1-2 hours.
Short Term View:
Nifty and BN are up. TSL is 10290 NS and for BN its 25590. Its end I will communicate some 15 minutes in advance. Continue to hold long position with TSL mentioned.
Medium Term View:
Up till 5-6 Dec. TSL is same as ST ---> 10290 NS and for BN its 25590. For targets please refer the chart below, which shows retracement and projection from most recent higher low. As per this, ther are:
Target 1: 10722 NS
Target 2: 10994 NS
Current Position:
Long from 10340 NS.
Accumulated profits: 30 points.
Nota
Intraday only: Exit at 9:34. It will go sideways with downward bias for sometime before moving up again. ST and MT traders please ignore this.Nota
Exited here with another 40 points gain. Will go long again later. By the way Nifty is above yesterday's high.Nota
Going log again here at 10389Nota
^longNota
Shall start moving up from here onNota
[ST and Intraday\ : This short wave is ending at 12:26. Next one will start retracing this entire rise from yesterday's low. Lets exit at 12:26 and wait for next ST to end. MT traders plese just hold with patience.Nota
Does not look like this ST retracement will be complete today, however if Nifty crosses day's high and BN crosses 25790, will go long and carry forward for Monday.Nota
Going long again at 10392, this will now end only on MondayNota
In a bit of a sideways fashion, its making Higher Highs and Higher Lows. It may gap upon Monday. Please carry forward.Nota
The postion carried forward from yesterday gave 40 points, second one was exited at no profit no loss. Third one was bought at 10392. - will exit this on Monday only.So net net 80 points of profit since yesterday, with 1 long at 10392
Kindly give some lies, many thanks! See my discussion on long term Elliott wave tomorrow.
Nota
Sorry, yesterday was 30 points only, so net today is 70.Nifty and BN both are closing in green!
Pubblicazioni correlate
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.