High reward risk ratio short term timewave trade in Nifty

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Hi All!

Look at the setup in the chart. keeping 8225 as a tight stoploss, one can target 8325 on Tuesday. Reward Risk ratio greater than 8. Enter right at the opening on Monday tomorrow.

Methodology used: Timewave. Keep following for further updates on this.

Regards,
Pankaj.
Transaction en cours
Nifty opening at 8259.35 up 15.55 points in line with Timewave study. Go long at ghe opening!
Note
Downshifting TSL to 8200 NS.
Transaction en cours
Carry the position forward. Nifty totally sideways and stable. Shall upmove tomorrow for the set target.
Note
This is now being followed at:
Tue 10 Dec Nifty Timewave View
BANKNIFTYNIFTYsensex

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