This view is not valid if Nifty crosses above 11930 ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- Already suggested in last video idea - US Markets are doing retracement for the last week's fall & 3550 is the key level so any upside move is just bounce back rally
You just need to identify the key levels to take sell / short position according to your own risk involved in trading -------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
• Leading Diagonal's are the structure which normally gets retraced 80/90 %
• Structure started at 11969
• Today's high - 11920
• If the pattern is correct- all the gains shall be wiped out & Index falls to 11600/11500 (keep in mind- view not valid above 11930)
---------------------------- Last Idea ----------------------------
Giao dịch đang hoạt động
12:46 Hrs / 4th Nov2020
Last Price- 11905
Got the chance again to sell close to the tops of 11920/11930 with bearish bat
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13:14 Hrs / 4th Nov2020
Booking 100 points in Nifty - Selling from the tops - 11790/11820 is the support zone - don't forget the levels
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13:23 Hrs / 4th Nov2020
Last Price- 11775
Leading Diagonal Magic Starts from the highs of 11920 - Hope you enjoyed the free fall
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14:40 Hrs / 4th Nov2020
Last Price - 11905
Never miss the selling-it was 3rd attempt for the day from 11920 Highs as your risk is just 10 points.
Giao dịch được đóng thủ công
09:50 Hrs / 5th Nov2020
Last Price - 12051
If you took any sell positions & carried overnight then look to exit in 11950-11970 as that zone could offer support
Structure needs to be reviewed as US elections has gone for a toss & Donald Trump most likely going for lawsuit
Ghi chú
10:41 Hrs / 5th Nov2020
Last Price- 12072
Day High- 12100
Assuming it drops to 11950-11970 & does not hold at 11950 then traders should wait as Index can be volatile & take it all the down well below 11900 as well & we review the structure back. Thanks
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