20000 or 19000 - Nifty headed which direction??
Firstly, I'm not registered with Sebi.
Secondly, this is just my view on how the markets are/will be moving - use your own judgement.
I'm planning to publish my thoughts on the index movement here, will try to provide regular updates, but no promises. I have been wrong earlier, and can be wrong again.
Back to Index now -
10:30 AM - Spot 19674
Targets - 19700, 19724 & probably 19747
Stop loss - 19647
Good luck!
Secondly, this is just my view on how the markets are/will be moving - use your own judgement.
I'm planning to publish my thoughts on the index movement here, will try to provide regular updates, but no promises. I have been wrong earlier, and can be wrong again.
Back to Index now -
10:30 AM - Spot 19674
Targets - 19700, 19724 & probably 19747
Stop loss - 19647
Good luck!
Bình luận:
Regarding which one first - 20000 level or 19000 level, I don't want to make any prediction now. Nifty's moves this week will provide some hints.
Bình luận:
11:38 AM - Nifty made a high of 19719.6
Target 1 done - 19700(26 points)
Target 2 - 19724 - let's say for now it's done as well (45 points move captured)
We may see some pullback now. So I would close longs, and wait for a better entry.
Target 1 done - 19700(26 points)
Target 2 - 19724 - let's say for now it's done as well (45 points move captured)
We may see some pullback now. So I would close longs, and wait for a better entry.
Bình luận:
12:30 PM. Nifty around 19684
3rd Target is still on, and you may get a better entry if you stay patient.
3rd Target is still on, and you may get a better entry if you stay patient.
Bình luận:
1:37 PM. Nifty around 19700
2 Choices
1. Safer option. Go long above 19720 - target 19745, 19757. Less Reward.
2. Riskier. Go long around 19660-19680. Stop loss 19647. Targets - 19700, 19745, 19757. Higher Reward.
For now, downside does look limited - if nifty goes below 19600, may have to change my view.
Good luck!
2 Choices
1. Safer option. Go long above 19720 - target 19745, 19757. Less Reward.
2. Riskier. Go long around 19660-19680. Stop loss 19647. Targets - 19700, 19745, 19757. Higher Reward.
For now, downside does look limited - if nifty goes below 19600, may have to change my view.
Good luck!
Bình luận:
Nifty spent the last one hour in a 30point range.
For now, it's buy on dip. Please note the bullish view is for a very short term, with a possibility of reversal soon.
For now, it's buy on dip. Please note the bullish view is for a very short term, with a possibility of reversal soon.
Bình luận:
And finally..one like!
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2:50 PM. Nifty@ 19710.
If Nifty goes below 19700, short nifty for a targets 19680, 19667. Strict stop loss 19712. Very short-term bet.
If Nifty goes below 19700, short nifty for a targets 19680, 19667. Strict stop loss 19712. Very short-term bet.
Bình luận:
Also, if Nifty goes above 19720, go long with the targets mentioned earlier.
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All buy targets reached. 19720 to 19757 (37 point move)
Just book your profits..and sign off for the day..
Nifty possibly can may make a move till 19780-19790, but hold your longs at your own risk.
Just book your profits..and sign off for the day..
Nifty possibly can may make a move till 19780-19790, but hold your longs at your own risk.
Bình luận:
Adding a new post for tomorrow.