Nifty forming a Bearish Bat pattern, 27th Aug what will happen?

26 авг. 2019 г.

Again one more profitable day added in the continuous profiting schedule.

Nifty formed a Bearish Bat in 1 hour time frame.
It will complete its D leg @11090 Spot Price.
One previous Trend line of the head and shoulder also will provide additional Resistance near the same price.
So nice formation for shorting opportunity, But the only problem with the positive news by Indian FM.

So what should be the strategy for Intraday?
Simple we will try to see a bearish structure near the zone 11090. The box i have drawn.
Don't miss this opportunity, if Nifty gives us by giving a lower low and lower close. I have given a entry and target in the chart, you can follow.
Sell Entry Spot price-11090
Target- 10990, 10930
SL- 11190 and trail.
R/R - 1:1
Cheers!!

26 авг. 2019 г.

Заметка

Lower low and lower close in 5 min time frame near 11090 will trigger the pattern.

26 авг. 2019 г.

Заметка

If it gives a gap up then probably the same area will act as support.
If it does not give gap up above 11185 then this analysis is valid. and can look for lower low lower close in 5 min time frame and enter short position.

27 авг. 2019 г.

Заметка

we will enter only when a lower low and lower close in 5 min TF is seen.

27 авг. 2019 г.

Заметка

short nifty now

27 авг. 2019 г.

Заметка

Nifty taking support So be cautious

27 авг. 2019 г.

Заметка

book profit

27 авг. 2019 г.

Заметка

hold only 75 quantty a

27 авг. 2019 г.

Заметка

Entered Nifty @11101
Exited - 11060
and holding 75 Qntty

27 авг. 2019 г.

Заметка

I am booking all profit now, Will enter once the trend line is broken only

27 авг. 2019 г.

Заметка

guys Who ever taken short position maintain the stoploss and the 1st target.
it will give the target today,

27 авг. 2019 г.

Заметка

Sell Entry Spot price-11090
Target- 10990, 10930
SL- 11190 and trail.

27 авг. 2019 г.

Заметка

If you feel it is big stop loss then wait for my next post

27 авг. 2019 г.

Заметка

On the Red Trend line now it is taking support probably it will go higher price and come back, we will wait.

27 авг. 2019 г.

Заметка

Shorted Nifty now

27 авг. 2019 г.

Заметка

Future 11105

27 авг. 2019 г.

Заметка

According to My analysis Market can correct 100 Points, Lets see, taken position as above

27 авг. 2019 г.

Заметка

It seems Good level of support is there @11100
But still will hold it let's see.

27 авг. 2019 г.

Заметка

Anybody want to short Nifty short now.

27 авг. 2019 г.

Заметка

In the retracement near 11110 Future

27 авг. 2019 г.

Заметка

How is the josh guys!!

27 авг. 2019 г.

Заметка

Booked all my profit 30k today,

27 авг. 2019 г.

Заметка

I am a very safe trader dont want market to take it again

27 авг. 2019 г.

Заметка

market is bullish now

27 авг. 2019 г.

Заметка

so much selling happening, be cautious

27 авг. 2019 г.

Заметка

better not to enter trade

27 авг. 2019 г.

Заметка

fight happening btw bulls and bears, lets see who wins

27 авг. 2019 г.

Заметка

Comment: Anybody want to short Nifty short now.
2 hours ago
Comment: In the retracement near 11110 Future

Here i entered with Option 11050 pe 52 exited 64 , !2 points and 2000 qntty.

27 авг. 2019 г.

Заметка

today done with 38k+ total profit.
I no need to brag or my profit will not help you anyways but it may give you confidence to trade with me.
Cheers!!