Thu 20 Jul 2017 Nifty View

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Hi All,

So the turn date has arrived and its highly possible that Nifty will start going down within first 15 minutes of opening.  And if that happens, the following self explanatory chart shows the most probable path of Nifty in the coming months.  5th Aug is an important date, and if Nifty continues downward journey after that, it will go down till 20th Oct for a level of 9150 approx.

We will go short right at the opening.
Ghi chú
My next post is here:
Thu 20 Jul 2017 Nifty View
Ghi chú
How can I delete the above comment? Wanted to post it at my previous idea but...
Ghi chú
Action: Nifty is opening at 9920 approx, please short right at the opening. Short term target : today end of day or tomorrow.
Ghi chú
TSL is 9950 NS
Ghi chú
So its going down as expected. Level to look for in short term: 9860 NS
Ghi chú
There is a support at 12:40. We may exit there as the move is slow and will short again later.
Ghi chú
Action: At 12:40 please exit short eneterd at 9920 NS in the morning. Had expected 9870 NS and we are near that. 50 points on this one. Will short again later after bounce.
Ghi chú
Next we will short either at 13:34 OR on break of days low 9867.75 NS.
Ghi chú
Action: Short again. 12:40 is pushing price further down!
Ghi chú
TSL is 9925 NS
Ghi chú
After 13:33, Nifty is again going down. Now its a carry forward.

(Give some likes guys, its going so good).
BANKNIFTYBeyond Technical AnalysisNIFTYnifty50Trend AnalysisWave Analysis

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