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

Aktualisiert
Stops Below 17250. Candle Push looks promising on the upside. Stops below 17250.
Trade ist aktiv
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 ist aktiv
1st Target Very Close

Snapshot
Trade ist aktiv
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 wurde manuell geschlossen
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.
Kommentar
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

--------------------------------------------------------------------------------------------
Kommentar
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.
Kommentar
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
Kommentar
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
Kommentar
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!!!
Kommentar
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
Kommentar
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
Kommentar
12:24 Hrs / 16th Sep2021

Last @ 17577

Heading close to the target of 17600 as suggested earlier at 10:06 Hrs today morning. Thanks
Kommentar
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.
Kommentar
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
Kommentar
15:06 Hrs / 16th Sep2021

Last @ 17635

Nifty Update

Index has touched the Laxman Rekha at 17645 (Day High @ 17644.60 at the moment)
Bullish PatternsHarmonic PatternsTrend AnalysisWave Analysis

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

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