Nifty - 100 Points Enjoyed - Sell with Bearish Cypher below 9790

Updated
Last Price@9811

Day High@9817

Risky Traders can sell in 9810-9825 with stops above 9836 - Safe Traders Sell below 9790-9793 zone

Any move below 9790-9793 which was one of the desired zone for long trades for the day is important zone - If Nifty starts falling below that zone - we will look for short term melt down till 9765 - 9735 target levels which will fill the gap for the day. Enjoy!

X- level is important one which is 9853 but we become cautious above 9825 -if trade is activated below 9790 next & starts moving above 9825 without kissing target levels of 9765 atleast.

Note - Sell Call activates below 9790-9793 as mentioned above.

Target 1- 9765

Target 2 - 9735


Previous Update - 100 points from 9700-9800
Nifty- Bullish Harmonic- Important Reversal Zone 9700-9725


Trade active
15:03 Hrs 14th Aug2017

Last Price@9799

Here we go right at the top@9817 - Risk Traders - Enjoy!

snapshot
Trade active
15:26 Hrs 14th Aug2017

Last Price@9785

Day is about to end. have a nice day ahead.

snapshot
Trade active
07:39 Hrs 16th Aug2017

Last Price@9794

Short Term Support Zone - 9775 to 9780 - Once it goes below 9775 - Nifty likely takes support@9755 or any move above 9819 High14th Aug2017 will continue to 9850 - 9890 - 9920.
Trade active
10:18 Hrs 16th Aug2017

Last Price@9792

Look Nifty Takes Support in the desired zone metioned above 7:39 Hrs- 16th Aug2017

Looking for a bounce atleast for 9890-9920 so a dip is always an opportunity to buy now.

snapshot
Trade active
11:15 Hrs 16th Aug2017

Last Price@9802

It is struggling between 9800-9810

Short Term Traders Be careful if it goes below 9800 psychological level & going below 9780 - 2nd attempt will put pressure on Nifty.
Trade active
11:35 Hrs 16th Aug2017

Last Price97

Recent Low@9785

We were out below 9800.

Again out from selling short term - 14 points.
Trade active
11:41 Hrs 16th Aug2017

Last Price@9789

Holding 9775 downside - moving again above 9795-9800 desired zone as mentioned above- we are again in the bull race short term for the day.
Trade active
11:48 Hrs 16th Aug2017

Last Price@9800

Look it turns from 9785 - Heading - Getting goosebumps - me too!
Trade active
12:02 Hrs 16th Aug2017

Last Price@9808

Testing Close by 9775-9780 Zones twice -one in the zone & later turning above 9785 - has put short term important support zones.

We are looking now for the bounce for 9850-9890-9920 with important support or key level @9775.
Trade active
12:26 Hrs 16th Aug2017

Last Price@9820

Short Term Traders can book partial here in 9820-9825 & want to add more at lower levels.
Trade active
12:39 Hrs 16th Aug2017

Last Price@9827

We likely add more in the same zone 9795-9805 zone & booked partial in 9820-9825.

Partial means ( if traded 2 lots - book 1 lot & hold 1 lot- Add more long positions in 9795-9805 zone).

Traders who get confused just trade long positions holding stops below 9775

I am trading all swing turns of the market - I have to move with sonic speed & no time to think.
Trade active
13:02 Hrs 16th Aug2017

Last Price@9842

Not getting an opportunity to add more lots - no worries - we shall look to exit all & have kept trailing stops below 9825- If it goes below 9825 - I shall be closing all long positions.
Trade active
13:20 Hrs 16th Aug2017

Last Price@9855

Slowly & Steadily - It is heading towards 9890 -9920 Zone.
Trade active
13:28 Hrs 16th Aug2017

Last Price@9865

Heading 10 points more from 9855 - Wow!
Trade active
13:39 Hrs 16th Aug2017

Last Price@9875

Another 10 points more from 9865- Awesome!
Trade closed manually
15:06 Hrs 16th Aug2017

Last Price@9898

Closed.
CypherHarmonic PatternsTrading Plan

Best Regards,
Abhishek H. Singh
​Growth Director - TradingView India

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