In continuation to our earlier view our selling position is still not executed in Nifty and will enter once the level is reached.
Bank Nifty our sell order have got executed and we have booked 50% Qty profit intraday. Now will hold balance for further targets.
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Book 50% profit in BANK NIFTY those who didn't book Intraday yesterday And NOW make your trade completely RISK FREE along with partial profit booked.
Modifying stop loss to entry level .
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NIFTY SELL level still not reached and awaiting
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Comment: Cold blooded TRADE # No tension of following and watching market action minutely. # Predefined levels of Entry and exit # Excellent Success ratio # Decent RR # Pre defined Plan of action even before action in market # Work for SELF not for broker's income. 🙏🏼
Disclaimer : we are not a SEBI registered advisory, all views mentioned are my personal views not intended for trading. if you wish to trade on these views please consult with your SEBI registered Financial advisor.
Market is full of RISK please Access your RISK and take trades accordingly.
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As nifty have broken 24DEc high of 17155 now its making a Higher Highs and Higher Low sequence in smaller time frame which means it is making a double correction in Pullback. Due to which we will be selling Nifty @ 17578 Zone
my count suggest we have completed bigger 1-2-3-4-5 as C wave downside from 18600-16400 ..and now heading upside in new impulsive moves..
profitadda
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@VishalSancheti, Thanks for your input , Ya that's also possible only thing is that USDX is not suggest completion of Its corrective upmove before going down. Hence in correlation to USDX we are expecting the correction not yet completed. Crude movement is also suggesting that it can have one more leg downside which means Index also should follow the same.