Nifty : Calm, after the storm ?!
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It can be another movement day in all probabilities but calm after the storm quote will work ? Today's Nifty analysis as simple as reading ABCD. By the time I post pre-markets will be over, though I expect a Gap-Up open, I don't want that to screw up the 8550's level.
Nifty may be in bouncy mood bcos of volatility, thanks to all the news event noises. Just 2 scenario's
(i) Enter Long on Bullish Confirmation, if trendline is breached to Upside - Gap will be filled till 8600's
(ii) Enter Short in Nifty if the trendline holds valid - 8400's expected in this case
Both scenario's valid only if Nifty stays good, I mean if there is no false breakout. If false breakout happens, Nifty will give us someother trade setup, lets wait n catch that. Patience pays, those who follow Me knows that very well, I rarely change the direction or trade-setup I post. So Discipline is primary importance, don't change your views on Nifty for every single candle - it means you are speculating or gambling Not Trading !
Witnessed few "hand of God"(maradona) behaviour recently - So Funny, Grow Up Please. I don't want to dive deep into explaining that.
Some are asking long term view on Nifty. Friends, its complex now with Modi doing surgical strikes to clean up economy & Trump win ( his foreign policies) - I'm not fan of news events but I expect 7000's (over months) if Trump acts weird & India's inflation goes up.
By the way as assured, B Plan intraday stock trade-setups will be shared & I'm open to discuss any stock for Intra or Swing rightdown in comments , Not in PM's :)
Nifty may be in bouncy mood bcos of volatility, thanks to all the news event noises. Just 2 scenario's
(i) Enter Long on Bullish Confirmation, if trendline is breached to Upside - Gap will be filled till 8600's
(ii) Enter Short in Nifty if the trendline holds valid - 8400's expected in this case
Both scenario's valid only if Nifty stays good, I mean if there is no false breakout. If false breakout happens, Nifty will give us someother trade setup, lets wait n catch that. Patience pays, those who follow Me knows that very well, I rarely change the direction or trade-setup I post. So Discipline is primary importance, don't change your views on Nifty for every single candle - it means you are speculating or gambling Not Trading !
Witnessed few "hand of God"(maradona) behaviour recently - So Funny, Grow Up Please. I don't want to dive deep into explaining that.
Some are asking long term view on Nifty. Friends, its complex now with Modi doing surgical strikes to clean up economy & Trump win ( his foreign policies) - I'm not fan of news events but I expect 7000's (over months) if Trump acts weird & India's inflation goes up.
By the way as assured, B Plan intraday stock trade-setups will be shared & I'm open to discuss any stock for Intra or Swing rightdown in comments , Not in PM's :)
Nota
Most of you have forgotten this post on LT, but check out what just happened : 
Nota
As of now there is no trade setup for stocks, will post when it arisesNota
Hope some of you booked 40 points profit, now aim for 8610's with trail stops
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