High reward risk ratio short term timewave trade in Nifty

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Hi All!

Look at the setup in the chart. keeping 8225 as a tight stoploss, one can target 8325 on Tuesday. Reward Risk ratio greater than 8. Enter right at the opening on Monday tomorrow.

Methodology used: Timewave. Keep following for further updates on this.

Regards,
Pankaj.
Dagangan aktif
Nifty opening at 8259.35 up 15.55 points in line with Timewave study. Go long at ghe opening!
Nota
Downshifting TSL to 8200 NS.
Dagangan aktif
Carry the position forward. Nifty totally sideways and stable. Shall upmove tomorrow for the set target.
Nota
This is now being followed at:
Tue 10 Dec Nifty Timewave View
BANKNIFTYNIFTYsensex

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