Nifty - Short Term Buy Setup

Hi,

Please refer chart for details.

Trade with care
Gulz

Yorum:

As expected, Price dropped down & Time for long entry

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Buy the first candle close above the box

Yorum:

A move which i'm anticipating has updated on twitter ( As the analysis done on another platform)

twitter.com/mr_gulz/.../1057509635970744321

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Stop can be vary from person to person for this trade ( i prefer tight stop (aggressive) as always as it will give better risk reward)
Aggressive stop to be few points below of today's low 10105 ( below the box)
Conservative stop below 10003
Targets level to be as 10380-10440 for now --but will look for extended targets till the start of the wedge pattern based on the wave count ( i.e market to show some proof to validate it) .

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Wow .. What a move , 100+ points done in no time

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150+ intra points ..
seems there is a inv head and shoulder break out also occurred, which support my Elliot count for now.

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Cheers .. caught the 200+ intra move !!!

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İşlem kapandı: hedefe ulaştı:

So far all hit, Close to the final extended target, remaining position will be squared off near to to the start of wedge 10700 level

İşlem aktif:

Nifty on 5th wave -- updated chart chart available on below link
twitter.com/mr_gulz/.../1062256480731115521

Yorum:

All targets hit -- 550+ Points