Nifty still in Bears' Grip? Lets analyse for 26th Aug
Consistently we are achieving our targets since my 1st post we will continue as well.
Nifty Up/down very confusing for many, Who follow my previous post they know what is the current market trend.
But as intraday trader we are focused to get safe 30/50 points everyday, we will let the market where ever it wants to go.
Trading on 26th Aug is little tricky, as multiple patterns contradicting each other, I have not put the harmonics in the chart frame this time, as it may confuse. I have put a price box and red arrows from where the market has high possibility to come down for a small bearish target of 30/50 points. So we will enter at correct time to capture those 30/50 points as a Counter trend entry, which i will post during market hours as according to the market behavior we have to react, Keeping in mind the reversal pattern formed on Friday, it has depth to touch 10980 mark and a short covering can push the market to 11015-30. Though this happens occasionally to give a one directional movement.
My view for Market will be little Bullish in the opening and bearish after 10.15 AM. If it matches our analysis we will enter otherwise wait and watch.
So for 26th Aug what should be the strategy for Intraday?
We will try to see a bearish structure in 5 min time frame, a lower low and lower close at the red arrows we will enter the market, And the target will be 30/50 points and trailing stop-loss.
Cheers!!
Nifty Up/down very confusing for many, Who follow my previous post they know what is the current market trend.
But as intraday trader we are focused to get safe 30/50 points everyday, we will let the market where ever it wants to go.
Trading on 26th Aug is little tricky, as multiple patterns contradicting each other, I have not put the harmonics in the chart frame this time, as it may confuse. I have put a price box and red arrows from where the market has high possibility to come down for a small bearish target of 30/50 points. So we will enter at correct time to capture those 30/50 points as a Counter trend entry, which i will post during market hours as according to the market behavior we have to react, Keeping in mind the reversal pattern formed on Friday, it has depth to touch 10980 mark and a short covering can push the market to 11015-30. Though this happens occasionally to give a one directional movement.
My view for Market will be little Bullish in the opening and bearish after 10.15 AM. If it matches our analysis we will enter otherwise wait and watch.
So for 26th Aug what should be the strategy for Intraday?
We will try to see a bearish structure in 5 min time frame, a lower low and lower close at the red arrows we will enter the market, And the target will be 30/50 points and trailing stop-loss.
Cheers!!
Catatan
Market is opening with a big gap up of 171 points, So there could be a sharp up move or sharp down move, all analysis in this post can be ignored.Catatan
Now the same red box can be seed as supportCatatan
short nifty nowCatatan
sorted nifty @10892 Target 10855
SL 10920
Catatan
Target Done!! This is why my view in Nifty was bearish but overall view was Reversal bullish.
Now i understood why the chart pattern was showing conflicting view. Any how we got 37 point on nifty.
Cheers!!
Trading ditutup: target tercapai
Today Nifty came from higher price to lower price!!!!!Catatan
you can enter nifty for sorting nowCatatan
target 10750Catatan
Entered @108151st target-10780
2nd 10740
Catatan
Is anybody trading today or only i am trading and posting??Catatan
Only 4/5 messages i got?? Be confident while trading with me Guys!!Then i will keep my view with me only. My targets are always safe targets as the market can go further up/down.
Catatan
It should do a double bottom todayCatatan
consider the arrows in the posts if you find any lower low in 5 mins chartCatatan
for the time being it is doing higher highs. so watch carefulyCatatan
Don't buy Nifty, just wait and watch!!!Catatan
As my analysis show bearishness in Nifty i will not buy Nifty, will only wait and watch.Catatan
we can buy nifty now for 30 points moveCatatan
trail stop loss to 10950Catatan
trail to 10960Catatan
trail to 10970 Future priceCatatan
trail to 10980Catatan
trail to 10985Trading ditutup: target tercapai
hit target in the short bullish runCatatan
entered @10930 Future priceExited @10985
Both sides our target hit.
Cheers!!!
Catatan
Guys Anybody caught this Move?Catatan
Mine 20k Profit today.Catatan
Wait till 1.45 to 2 PM for any shorting opportunity, I will updateCatatan
Guys only 9 likes is discouraging??Catatan
If you are in long position book your profit, Anyhow we can enter anytime later.Catatan
Did not get that Shorting opportunity again today, so we will see it tomorrow. Be prepared.Catatan
Today also both side target done.Like coment and share with your friends, if in trading they are losing money. They can follow me and recover their hard earn money.
Cheers!!!
Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.
Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.