We have potential triple top in Nifty which is currently in formation now and once we get valid confirmation for downside move we can initiate short positions.If you check RSI its giving bearish divergence as of now but we need to check what happens when triple top is completed. If everything goes as planned we can short Nifty and in this particular setup risk is very less as you can see from the chart.
You can also initiate short positions if the current candle ends as bearish engulfing, but enter small positions only ( for aggressive traders only)
Thanks for your support... Happy Trading... !
交易進行
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Nifty opened in our zone n moved down...lets see what happens hereafter
評論
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Will Nifty reach our targets today itself ? I'm waiting...
評論
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Nifty did it, hope some of you booked profits..Lets trail our stops on remaining positions but I expect 2mrw to be green day..Lets see...
Plus Next Fibonacci Retracement level falls near 8575, Next level run only possible once we get closing above 8600 or else we might witness some correction as pointed by you.
Let see how it turns out.
InsiderB
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Yep..Lets see what happens..
jackson_philips
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Good Analysis, in the end all correct analysis matches. GANN number is 8557 and I feel as long as it stays below 8557 (NIFTY FUTURES) we are going to see some more drop...
jackson_philips
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Good Analysis :) In the end all correct analysis will match, be it Fibonacci, GANN, Gartley etc etc -- As per my so called GANN Analysis.. 8557 on Futures is a point to look at... Below 8557 it could drop some more.. -- Once again I really appreciate your views.. Thank you soo much
jackson_philips
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Good Analysis :) In the end all correct analysis will match, be it Fibonacci, GANN, Gartley etc etc -- As per my so called GANN Analysis.. 8557 on Futures is a point to look at... Below 8557 it could drop some more.. -- Once again I really appreciate your views.. Thank you soo much
InsiderB
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Thanks for those kind words.. yes you are right in your view. There are 1000 ways to make money in markets, just choose one n follow your Plan sincerely :)