NIfy view as on 19-7-2017 (15 min)

Nifty May be forming B Wave in side that it looks forming a contrating triangle.

Trade Setup

****Ensure that 9932 not breached*****
enter short when nifty Breaches the BD Trend line
Keep SL above Wave E

The minimum Target would be 9780

Note

Made Stop Loss sell below day Low

Note

Sold Future @ 9900

Note

Target Minimum 9853 and maximum 9806(Spot )

Note

Since Suspected Contracting triangle changed as Diametric once Planning to exit the short near 9870

Note

Book Profit Partial @ 9870 30 Points Profit

Trade closed manually

Booked full Profit @ 9860 as reversal Happened

Note

For Second Lot 40 Pts Profit

kssaravanan

Also on:

Related publications

Nifty 15 Min Predictions

by kssaravanan

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.

kssaravanan

Also on:

Related publications

Nifty 15 Min Predictions

by kssaravanan