Booked Partial Profit NF@5280 and 5300CE@68

Booked Partial Profit NF@5280 and 5300CE@68

Strong Buy NF@5255, Added few more Options 5300CE @58

Strong Buy NF@5255, Added few more Options 5300CE@58

I consider today Fall is opportunity to Add few more position as i still consider the Strong Bull Call.... Let's Wait and Watch... Daily And Hourly RSI still on the Support Trend line. If this break i will cover all my position....

 

Strong Call - Buy Nifty Future 5272 or Option 5300 CE @ 68

Positional Call for 2-3 days only ....
Strong Call - Buy Nifty Future 5272 or Option 5300 CE @ 68
SL - 5245, Target - 5350
 

Observation on RSI and Nifty Long term Chart - Update 2

Observation on RSI and Nifty Long term Chart - Update 2

Please refer the original 1st thread -

RSI and Nifty Weekly Chart - Update 1

 

Nifty Update - 29th August

Nifty Observation: -

Tomarrow is the expiry fot the August month. Today as well good move on downside But we have already removed all our short yeterday with good profit, so no worries.

Today I could observed the +ve Divergence with price on RSI, MSCD and Stocksticks Oscillator which tell me that tomarrow will be minor correction on upside and then move down near to the todays low as per EW label seen in the following chart.

So let us watch tomarrow move before going for any predication. But if nifty price is moving down and breaks the todays low @5288(LOG) then it could be the last wave count as a 5 wave. So it might be the good time to look for the + ve divegence on the Hourly chart to firm on our view that Nifty will correct the complete down rally from 5458 to tomarrows low. This correction in the form of ABC pattern on upside. So Lets Wait and Watch!!!

 

Covered all Positional Short calls today- Details.

Squared Off Exiting Position NF @5325 and Squared off 5400 put @ 78

Just now ... Squared off  Exiting Position NF @5325 and Squared off  5400 put @ 78 Big profit today ... Details later ....

EURUSD 23 Aug_Hourly - On the Right Track

Nifty Daily View - Support Tendline getting weaken

Nifty Daily View - Support Tendline getting weaken.

 

Observation on RSI and Nifty Long term Chart