Thu 20 Apr 2017 Nifty View

2017년 4월 20일

Hello Everyone!

Let me explain a bit yesterday’s Nifty’s action. We bought at 9107 as per our pre-calculated time, and the bottom happened before that, please refer to the chart above. This happens usually on MT turn dates.

At 14:45 there was an intraday support, that’s the reason I asked to carry forward.

Today SGX Nifty is slightly negative, down 6 points as of writing. but nothing to worry about. We will hold this position with TSL at 9065 NS.

The way intraday waves have unfolded yesterday, chances are today’s short wave target of 13:29 might be skipped and Nifty will be bullish till tomorrow. Lets see.

2017년 4월 20일

노트

TV distorted my chart. It asked me to change the timeframe from 1 min to 15 min, and in the process it shifted my arrow and first anchored text. Bad!

2017년 4월 20일

노트

After the runway darama yesterday Nifty Airlines finally off the ground today!

2017년 4월 20일

노트

Nifty at high point of the day, I will recheck things at 13:29, if if we have to exit, we will exit there. Please wait for confirmation. Thanks!

2017년 4월 20일

노트

As per the new calculations form yesterday’s low at 14:45, today is a turn date. So if this TD1 ends at either 13:29 today or 10:24 tomorrow, we will see Nifty failing again in next TG2. Be ready to buy put options.

2017년 4월 20일

노트

Its going down, which means, we can hold long position and carry it forward.

2017년 4월 20일

노트

Keep 9107 NS as TSL.

2017년 4월 20일

노트

Please keep the TSL enterd into system and keep capital protected. This wave is sluggish.

2017년 4월 20일

노트

Action: Lets exit

2017년 4월 20일

노트

Exited at 9115. Do not short. Will relook at this tomorrow. At mere 8 points profit on this one.