Symmetrical Triangle(Bear Direction)
Now are in responsive move, this responsive move has much strength for PullBack.
Trading 11045 above, is bullish for targets 11208 and 11273 nearby as 38.2% retracement of total fall.
If you think for positive: buy 11055-11080 Protective stop 11050 below for the targets intraday R 11155 nearby and next targets 11208 and 11270.
NOTE: We are already long for NIFTY FUTURE in lower level. above all level are for spot nifty. Here is the reference of long positon taken CLICK HERE.
Remark: in case of Higher gap opening, we will change our level for subscribers. This is premarket researched.
The NIFTY was opened with “GAP down“. Therefore, we are going to change our levels.
Above all level was for SPOT nifty, Let me write here NSE AUG. NIFTY future level.
(live updated) Buy NIFTY future AUG 11000-11025 and Stoploss 10970 below targets will be same 11150 and 11208 and 11272
Best strategy to buy is following:
Trade 1) : buying NIFTY future Aug. at 11005 nearby
Trade 2) buying nifty future aug. 10975 nearby
wait for 60min. to bounce from now.
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Both orders are triggered with the low of NIFTY future AUG. at 110971.
This fall was extended because of expiry, Last hrs we are going to expect bounce back with retracement.
BUY and Buy for Recover if you trade in last call of NIFTY future.
Pullback target 10970-10980 and more 11011
Protective stoploss 10875.
This call given all INTRADAY
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Have you any questions/feedback about this article? Please leave your queries in the comment box for answers.
I bought nifty future 11008 one lot and waiting for triggering another lot order at 10975 as per you email. i am new free subscribers and getting emails from you. should i hold or more or hold?
regards,
free subscriber
rohit kumar
NIFTY fut can test 10975, therefore you can keep your next order near this level.
I bought nifty in an average of 10992 please let me know if any update.
dear sir watching your free since 5 months. waiting to subscribe you. The following is my order as per your email.
2lots order one 10980
2lots order two 10965
is there any change?
thank you
I work for Govt. of India as an Customs Inspector and your paid subscriber. I bought nifty future at 10996 and your target is too far. should i take this position for tomorrow?
Thanks to moneymunch team for hard working.