16 Apr - Nifty Virw and trading plan.

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Hi All,

Today the first critical time is 09:20, after which if market is going up we can go long with a tight stop-loss. If its going down we will wait for another critical time in the second half. Stay tuned.
Uwaga
Going long....
Uwaga
12:20 is the next critical time, lets check market action there.
Uwaga
Continue to hold long position patiently #Nifty #BankNifty
Uwaga
Stoploss is in #Nifty Spot terms : 10430 NS.
Uwaga
So the move is sluggish and 12:20 is approaching. There we will exit this long position and go short.
Uwaga
Exited and have gone short , stop-loss 20 points above day's high in Nifty.
Uwaga
Exited and have gone short , stop-loss 20 points above day's high in Nifty.
Uwaga
The first trade in the morning was long and it ended in a profit, The second one was exited in a small loss. And now again we are long. And nifty is about to go above Friday's high!
Uwaga
Carry forward the long position. Nifty is now above Friday's high. Nifty will continue to go up at least till 20th first and then even on 24th
Uwaga
This is a rally which most TAs missed even today! Had called on Friday itself we would go up till 24th, and see whats happening!
BANKNIFTYBeyond Technical AnalysisNIFTYTrend Analysis

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