Trading at FIB R 0.786 level. DN Trend Stopped at KUMO Cloud. Possibility to attempt to fill Bearish GAP @ 389.8 - @ 395.6. Indicators & Oscillators favouring U-Turn. candle pattern also favours infavour of U-Turn.
Go LONG: @ 380.75 to @ 384 Best LONG: @ 375.20 - @ 379
Short Term Target: Plotted on Chart.
Intraday / Swing Target in below Snapshot.
SL: @ 365- (By Closing).
Disclaimer: Only For STUDY. For Taking Trade Decision Consult Financial Advisor.
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Snapshot of Intraday / Swing trade Level for 11th Aug 2017.
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Made LOW @ 376.10 mentioned "Best LONG Best LONG: @ 375.20 - @ 379"
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In Laggard Market, Made High @ 383.75 & in Positive. +1% from Given View. Intraday trader can Book Profit. LTP: @ 382.80, may hit near 1st TGT @ 385+
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Achieved Short Term TGT @ 385.45 (plotted in Snapshot) made High @ 385.90
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Achieved @ 388.45 (plotted on Chart) as Made HIGH @ 388.75
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Traded at 387 (+2%), while Market -0.67% (Gap DN opening)
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Entered in KUMO Cloud (Green)
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LTP: @ 389.8, High: @ 389.9 Bearish GAP was @ 389.80 - @ 395.6 Nearing to fill GAP.
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LTP: @ 391.3 (+3.15%), High: @ 391.55 1% away to fill GAP. Bearish GAP was @ 389.80 - @ 395.6
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LTP: @ 391.3 , High: @ 393.95 (+3.85%) 0.45% away to fill GAP. Bearish GAP was @ 389.80 - @ 395.6
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LTP: @ 396.2 , High: @ 396.75 (+4.59%) (Proofs Nifty Bearish Does not mean all are Bearish) GAP FILLED Bearish GAP was @ 389.80 - @ 395.6 View provided @ 376.10 on 11th AUG 2017
Performance: +5.5% in a Week in this type of Volatile Week.
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Achieved TARGET #2: @ 396.70 as Made HIGH @ @ 396.75 Notice Calculation of Levels.
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