Break below 8775 shall take Nifty in the zone 8745-8755-there it should get support-once getting a support look for a price bounce till 8800-8810.
Remember Any Break Above 8820 will carry Nifty upside in new zone or else if it gets hurdle close 8810-8820 zone -one can take a small stop loss above 8820 for targets again 8745-8755. or
Selling close to channel top in the zone 8810-8820 with a strict stop slightly above 8825 for Targets 8745-8755
Regards, Abhishek H. Singh, CMT
Komen
theeye
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super move ....following the line upside
WaveTalks
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15:30 Hrs-IST-2nd Sep2016- My God -High was 8824.10- This is seriously a dream -I saved my self going long- which I was interested only above 8825. This is called a trap which I visualized realtime. Regards
uttamtrader15
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Sir you mean bull trap...? or only for intraday?
WaveTalks
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Its was Intraday- as soon as we cross 8825- we will start zooming upside. Like we get a drop in the range 8745-8755- that is the best range to buy. Aren't you using an Indian version of tradingview- change the country symbol on left top corner or open in.tradingview.com - tradingview specially for Indian Traders
WaveTalks
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14:50 Hrs-IST-2nd Sep 2016- Going Above 8825 - Likely it should be in the zone 8850-8860
uttamtrader15
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Any long term counts?
WaveTalks
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Long term counts- Sorry, there are so many counts, which is why I am interested. Short term counts are currently working fine.
WaveTalks
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I am not interested in long term counts as there are so many -which I can count - something which can give money is short term so I am going with short term counts
WaveTalks
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14:32 Hrs-IST-2nd Sep2016- We won't take short if Nifty crosses 8815.
WaveTalks
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14:25 Hrs-IST-2nd Sep2016- Nifty touched the channel top- High of the Day@8809.40 - we shall look for some confirmation if Nifty wants to fall from here else going above 8825- It will go into a new trending zone.