TRADE SETUP – ACC – BEARISH ENGULFING CANDLESTICK PATTERN

Dear All, As usual, I prefer to trade less number of stocks instead of opening so many trades at a time. Maruti didn’t work well for us. Anyways that’s past now. Let’s focus on next setup. Now I got the setup in ACC. Price tries to Test the last resistance zone of 1825 to 1785 and … Continue reading “TRADE SETUP – ACC – BEARISH ENGULFING CANDLESTICK PATTERN”

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NIFTY UPDATE – NICE PULL BACK!

Dear All, As expected, Nifty bounced back from confulence area of  Fib 50% Level and Trendline. You can click here to check my last update on Nifty. We booked almost 200-195 Points. So as of now It’s a wait and watch situation. Will keep updating if any trade setup comes in! Below is the Chart … Continue reading “NIFTY UPDATE – NICE PULL BACK!”

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NIFTY UPDATE – PERFECT SUPPORT LEVELS

Dear All, I have shared Nifty view earlier when it broke the rising wedge pattern. As expected fall was fast, same as last 2 falls (10170-9700). Important here to watch is the time frame is same 7 Days. Nifty entered into the last Channel between 10178 – 9700 levels. I’m expecting that Price will definitely try … Continue reading “NIFTY UPDATE – PERFECT SUPPORT LEVELS”

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NIFTY UPDATE – STOP LOSS TRAIL DOWN

Dear All, As advised in my earlier post.  Nifty short triggered @ 10380. Nifty is now at 10233 levels. Please Trail Stop loss to 10280 level. Nifty is now at important support levels between a range of 10271-10149 levels. If Nifty goes further below, I’ll update the Stop loss ! So as of now we … Continue reading “NIFTY UPDATE – STOP LOSS TRAIL DOWN”

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