Disclaimer
All investments involve risk, and the past performance of a security, industry, sector, market, financial product, trading strategy, or individual’s trading does not guarantee future results or returns. Investors are fully responsible for any investment decisions they make. Such decisions should be based solely on an evaluation of their financial circumstances, investment objectives, risk tolerance, and liquidity needs.
Market Commentary
Range Bound Trading which was executed in current session - Buying close at 10800 & selling close at 10890's post opening gap up holding 10790-10800 as expected last in the previous idea.
Trading Strategy
Plan A
Sell Strategy - Holding Below 10890-10900 - Expecting downside for 10740-10750
Plan B
Below 10740 - Expect downside to 10700 / Below 10700 for 10630-10650
Plan C
Below 10630 - Expect 10580 / 10580 for 10500-10525 zone - least possible in current situation.
Plan D
Buy in 10630-10650 with strict stops below 10615 for 10900 / Above 10900 - target will be 10950/11000
Thanks for all support.
All investments involve risk, and the past performance of a security, industry, sector, market, financial product, trading strategy, or individual’s trading does not guarantee future results or returns. Investors are fully responsible for any investment decisions they make. Such decisions should be based solely on an evaluation of their financial circumstances, investment objectives, risk tolerance, and liquidity needs.
Market Commentary
Range Bound Trading which was executed in current session - Buying close at 10800 & selling close at 10890's post opening gap up holding 10790-10800 as expected last in the previous idea.
Trading Strategy
Plan A
Sell Strategy - Holding Below 10890-10900 - Expecting downside for 10740-10750
Plan B
Below 10740 - Expect downside to 10700 / Below 10700 for 10630-10650
Plan C
Below 10630 - Expect 10580 / 10580 for 10500-10525 zone - least possible in current situation.
Plan D
Buy in 10630-10650 with strict stops below 10615 for 10900 / Above 10900 - target will be 10950/11000
Thanks for all support.
Transaction en cours:
09:23 Hrs / 19th Sep 2019
Last Price@10786
Reversal is expected soon upside so kindly do not get carried away- when reversal happens for upside it will travel back to 10890-10900 initially from day low as of today.
Last Price@10786
Reversal is expected soon upside so kindly do not get carried away- when reversal happens for upside it will travel back to 10890-10900 initially from day low as of today.
Transaction en cours:
09:43 Hrs / 19th Sep 2019
Last Price@10787
Day Low@10766
Looks Like it has done the bottom -going above 10800 -holds 10800 later then it can travel to 10890-10900 next upside.
Last Price@10787
Day Low@10766
Looks Like it has done the bottom -going above 10800 -holds 10800 later then it can travel to 10890-10900 next upside.
Transaction en cours:
09:45 Hrs / 19th Sep 2019
Last price@10788
Upside Early Confirmation comes once it starts moving above "10800" so we hold our nerves.
Last price@10788
Upside Early Confirmation comes once it starts moving above "10800" so we hold our nerves.
Transaction en cours:
10:43 Hrs / 19th Sep 2019
Last Price@10744
Day Low@10739
Reached Important Support Zone 10740-10750 - Not expecting much downside but do remember to execute plan - B if goes below 10740 & holds downside- as we have lot of respect for markets !!!
Plan E
Holding 10740-10750 Zone - Possible Upside Turn can be expected -in that case our upside target will be 10840 / 10890 & more on upside above 10900. Thanks & Enjoy Your Day.
Last Price@10744
Day Low@10739
Reached Important Support Zone 10740-10750 - Not expecting much downside but do remember to execute plan - B if goes below 10740 & holds downside- as we have lot of respect for markets !!!
Plan E
Holding 10740-10750 Zone - Possible Upside Turn can be expected -in that case our upside target will be 10840 / 10890 & more on upside above 10900. Thanks & Enjoy Your Day.
Transaction en cours:
11:11 Hrs / 19th Sep 2019
Last Price@10742
Avoid Taking Any Sell -if Index fails to hold below 10740 as stated above 30 mins back.
It is high risky move - (trading below 10740) which one can trade but have to be careful as soon as it starts moving above 10740-10750 zone on upside that will be early clue for upside.
Last Price@10742
Avoid Taking Any Sell -if Index fails to hold below 10740 as stated above 30 mins back.
It is high risky move - (trading below 10740) which one can trade but have to be careful as soon as it starts moving above 10740-10750 zone on upside that will be early clue for upside.
Transaction en cours:
13:16 Hrs / 19th Sep 2019
Last Price@10710
Day low@10702
Plan B got executed.
Unable to hold 10740-10750 zone - Index slipped further down to 10690-10700 zone which is another support zone. So, further selling if happens -one should take below 10690 -strictly for 10630-10650 downside.
Last Price@10710
Day low@10702
Plan B got executed.
Unable to hold 10740-10750 zone - Index slipped further down to 10690-10700 zone which is another support zone. So, further selling if happens -one should take below 10690 -strictly for 10630-10650 downside.
Transaction en cours:
14:28 Hrs / 19th Sep 2019
Last Price@10706
Day Low@10688
Forming a base & mood change from bearish to bullish takes a while so have patience & move with the market. 10690-10700 is strong support zone. Further selling can be taken only below 10690 on sustained basis for 10630-10650 zone downside else it will try to form a base for upside rally next to 10840/10890. Thanks
Last Price@10706
Day Low@10688
Forming a base & mood change from bearish to bullish takes a while so have patience & move with the market. 10690-10700 is strong support zone. Further selling can be taken only below 10690 on sustained basis for 10630-10650 zone downside else it will try to form a base for upside rally next to 10840/10890. Thanks
Transaction en cours:
15:01 Hrs / 19th Sep 2019
Last Price@10695
Day Low@10670
Sharp Bounce from 10670's - is showing intention that sooner or later bottom is going to be in place.
Moving above 10705
Should be next early clue for upside.
Downside -critical support was 10635.
Last Price@10695
Day Low@10670
Sharp Bounce from 10670's - is showing intention that sooner or later bottom is going to be in place.
Moving above 10705
Should be next early clue for upside.
Downside -critical support was 10635.
Transaction en cours:
08:39 Hrs / 20th Sep 2019
Last Price@10704
Good Morning All.
Session could be volatile due FM's press conference which is slated at 1000 Hrs IST
Technically, Index moving below 10700-10705 & holds below will be worry point else we look upside for 10840/10890 next.
Short term targets 10750-10775 - If stops it could fall but holding 10700-10705 later it can push upside again
Long term targets -10840/10890 as stated above.
Last Price@10704
Good Morning All.
Session could be volatile due FM's press conference which is slated at 1000 Hrs IST
Technically, Index moving below 10700-10705 & holds below will be worry point else we look upside for 10840/10890 next.
Short term targets 10750-10775 - If stops it could fall but holding 10700-10705 later it can push upside again
Long term targets -10840/10890 as stated above.
Transaction en cours:
11:40 Hrs / 20th Sep 2019
Last Price@11142
Recent top@11187
Top at 11180-11200 as suggested earlier can halt the explosive move for a while but be careful in trading. Going above 11200 -it will extended upside
Previously we expected 10840/10890 & suggested even ----------" More if moves above 10900" Thanks
Last Price@11142
Recent top@11187
Top at 11180-11200 as suggested earlier can halt the explosive move for a while but be careful in trading. Going above 11200 -it will extended upside
Previously we expected 10840/10890 & suggested even ----------" More if moves above 10900" Thanks
Transaction en cours:
12:20 Hrs / 20th Sep 2019
Last Price@11266
Day High@11272
E for Explosion
Plan D ---------------- Modified & Suggested Yesterday that 10670 could be possible bottom
&
Sharp Bounce from 10670's - is showing intention that sooner or later bottom is going to be in place.
Expected at 10670 Bottoms
Plan D as mentioned in main idea - Buy in 10630-10650 with strict stops below 10615 for 10900 / Above 10900 - target will be 10950/11000
Target achieved all & in surplus - 11200+ & as per recent update - "going above 11200 -it will extended upside - current high@11272
Last Price@11266
Day High@11272
E for Explosion
Plan D ---------------- Modified & Suggested Yesterday that 10670 could be possible bottom
&
Sharp Bounce from 10670's - is showing intention that sooner or later bottom is going to be in place.
Expected at 10670 Bottoms
Plan D as mentioned in main idea - Buy in 10630-10650 with strict stops below 10615 for 10900 / Above 10900 - target will be 10950/11000
Target achieved all & in surplus - 11200+ & as per recent update - "going above 11200 -it will extended upside - current high@11272
Trade fermée: cible de profit atteinte:
12:34 Hrs / 20th Sep 2019
Last Price@11206
Happy Weekend. Thanks for all support.
Last Price@11206
Happy Weekend. Thanks for all support.
Best Regards,
Abhishek H. Singh
Growth Director - TradingView India
YouTube Channel www.youtube.com/channel/UCYcnYveYBNLD-Qp54hvZogw
Twitter Handle
twitter.com/TalksWave
Telegram Handle
(Deleted)
Abhishek H. Singh
Growth Director - TradingView India
YouTube Channel www.youtube.com/channel/UCYcnYveYBNLD-Qp54hvZogw
Twitter Handle
twitter.com/TalksWave
Telegram Handle
(Deleted)