Long

Bullish Butterfly - PRZ 17250-17260 (Target-17374 / 17437)

Updated

Stops Below 17250. Candle Push looks promising on the upside. Stops below 17250.

Trade active

15:04 Hrs / 8th Sep2021

Last @ 17341

Don't forget the trouble zone 17340-17350 - If Nifty crosses convincingly then 1st target 17374 is not far away & will easily touch the same.

In case it faces a tough time in 17340 - 17350 - Partial profits are always advisable

Trade active

1st Target Very Close

Trade active

09:41 Hrs / 9th Sep2021

Last @ 17318

Again close to support zone 17290-17310 - Holds then upside bounce can be expected for 17400+ - 2nd Target

Trade closed manually

11:01 Hrs / 9th Sep2021

Last @ 17367

The index has bounced above 17350 marks. The upside move looks corrective in nature.
So, bulls keep trailing as falling below our favorite zone 17340-17350. It can slip hard & test 17290-17310 zone.
Assuming it falls below 17290 then it will take out 17255 mark or can make an attempt to do so.

Closing The Idea. Thanks & Have a good day.

Note

09:56 Hrs / 14th Sep2021

Nifty Last @ 17408

A Small Comment

-------------Please note - This is not an advisory to sell or buy-------------------

Moon entered Sagittarius yesterday 13th Sep2021. Historically it has been observed that MooninSagittarius will play with trader's emotions, making it hard to trade & also observed for producing top out sessions so careful all followers at the tops

--------------------------------------------------------------------------------------------

Note

11:32 Hrs / 14th Sep2021

Last @ 17410

Nifty Update

Another comment

Trading wise- 17390-17400 is minor support & our 1st clue for having a negative bias for the day once that zone is broken & Nifty slips below. Thanks & Have a good day.

Note

11:57 Hrs / 14th Sep2021

Last @ 17423

Nifty Update

Nifty Holding Zone 17390-17400 Support Zone. You are in Bull Camp & Once breaks below the suggested zone you should be looking to join the Bear camp. MooninSagittarius can produce a spike above 17390-17400 zone. Let us wait & watch. Thanks

Note

13:22 Hrs / 14th Sep2021

Last @ 17402

Nifty Updaate

Nifty Broke the zone 17390-17400 made low @ 17371 & bouncing back above the same zone. Doing so is suggesting down move has not started yet so it may attempt again new highs above 17438

Note

08:14 Hrs / 15th Sep2021

Good Morning All,

SGXNifty is Positive +40 points & Above 17400 mark. Our Expected Spike may take place in the opening session today as suggested in yesterday's opening comment.

As a Trader, you just need to manage if the spike happens at all. Thanks & Good Day!!!

Note

15:12 Hrs / 15th Sep2021

Nifty Update

Last-17512

Index pushed upside as expected. High@ 17532. Zone slightly above 17500 can act as a supply zone if the rally stops. Falling below 17500 strictly, It can slip to 17450 levels (+/- 10 points). If fall continues below 17435 to be reviewed again.Thanks

Note

10:06 Hrs / 16th Sep2021

Nifty Update

Please read the comment completely & note the levels such as 17500.

Last- 17540

Not falling below 17500 - level suggested yesterday is all buying in dips opportunity for intraday trades. Holding above 17500-Target 17600

Note

12:24 Hrs / 16th Sep2021

Last @ 17577

Heading close to the target of 17600 as suggested earlier at 10:06 Hrs today morning. Thanks

Note

13:10 Hrs / 16th Sep2021

Last @ 17575

Nifty Taking U-turn close from 17600. To be more precise 17598(New ATH-All Time High). Excitement is not yet over. Markets could make crazy upside moves. Don't deny the next target upside 17645-17650. Nifty dropping below 17540 & later 17500 will be a warning bell for Bulls.

Note

14:42 Hrs / 16th Sep2021

Last @ 17625

Nifty Reaching close to suggested levels 2nd-time
The target from 17570's to 17645. Earlier it was bought above 17500 for 17600- Stopped at 17598 & had small fall & continued again close from 17570's

Note

15:06 Hrs / 16th Sep2021

Last @ 17635

Nifty Update

Index has touched the Laxman Rekha at 17645 (Day High @ 17644.60 at the moment)

WaveTalks

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

YouTube Channel youtube.com/channel/UCYcnYveYBNLD-Qp54hvZogw

Twitter Handle
twitter.com/TalksWave

Telegram Handle
(Deleted)

Also on:

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.