Warning ---------------Do not Sell if Nifty crosses above 14700's ------------------------------------------------ ----------------------------------------------------------------------------------------------------------------------------------- Last Trade & Idea - Buy 14275 to 14985
Operación cerrada: precio stop alcanzado
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09:21 Hrs / 4th May 2021
Last @ 14696
Gap up opening today above 14700 has invalidated the sell suggested from 14625 - 14675 - yesterday High was 14674 & closing was 14635
Risk Takers (strictly)
If Nifty Index fails to hold 14700-14725 zone - sell can be taken again but most preferably it has to drop below 14700
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I took resell......................again below 14700 as suggested above - please read the comments in full put at 09:21 Hrs
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12:53 Hrs / 4th May2021
Last @ 14669
Index retested 14699 / 14700 again but did not cross upside as suggested earlier till the time it respects 14700 level on upside- our bias remains negative & most likely Nifty may fall to 14580 which was the low for the day so far. Falling below 14580 / Target will be 14550 / 14510 for the day.
Crossing above 14700 - 2nd time will suggest Index going into bigger complex correction
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Nifty (Last - 14579 / 13:25 Hrs / 4th May2021) cracks 110 points from 14669 to 14569 🎯🎯🎯
Congrats to all the followers "who hold their nerves" as suggested we have negative bias below 14699/ 14700
Look Nifty cracked 100+ points from the most talked level -------14700 ---------
Bye & Take Care
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08:54 Hrs / 5th May2021
Update for 5th May2021 -----------------Nifty Index-----------------------------------
SGX Nifty +70 / If Nifty Opens Gap Up & rushes to 14635-14650 - Traders have to be careful as 14635-14650 is the supply zone / selling zone - In case Nifty halts close to 14635-14650 (Strictly not crossing above 14650) Expect drop to 14580 / 14550 -Intraday
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09:54 Hrs / 5th May2021- Nifty Update:
Last @ 14563
Likely retest of 14600+ if holds above 14550
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10:29 Hrs / 5th May2021
Last @ 14569
Nifty Index update - It is struggling in 14500-14550 zone. Made close attempt to 14600 ( which was 14596) It is open for 14600/1435-14650
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10:52 Hrs / 5th May 2021 (Last-14587)
Nifty update:
it reached 14600+. Recent High- 14606 Bye & Take Care
On 6th May what we can expect , will nifty down by 200-300 points or up ?
krihar
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YOU ARE NIFTY MAHALAKSHMI
eternallearner
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Amazing ।it could not cross the Laksman Rekha or should we call it Abhijeet rekha after the gap up and loo!!What a fall!!! GREAT।YOUR TREND LINES WORK LIKE CHINESE WALL।
Market_Enthusiastic
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thank you sir cracked nearly 150 point total today
rajeevrana68
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Great as always
akhil2fast
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true Sir, Weekly pivot is at 14700, crosses & remains above than bulls are back in business else false breakout
RishabhGandhi250218
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@akhil2fast sgx nifty crossed 14700 but stuck at 14730-14750
akhil2fast
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@RishabhGandhi250218,
Alright sgx is not very reliable most of the times the gains or loss of any is lost just before nifty opens, moreover if u want to compare sgx it’s somewhat comparable to nifty futures
Best regards
krihar
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Thank you for perfect timely prediction
Kakerot
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as you said do not sell above 14700 currently nifty has recovered nearly 280 points from day low is it bullish momentum or bull trap after gap down? where should we think about shorting? great idea though u have been a continued bullseye shooter in nifty