Where is nifty going?

[msonalkar]

Seems that nifty will cross the 5100. At this time for upward side it has got a resistance for every 100 points like 5170, 5270...So it seems that it will be range bound between 4850 TO 5150.

 

[TraderDude]

I have been busy lately, so i could not update on nifty. I was analysing nifty and found something very interesting. This was at the beginning of the month, so options would have worked great here..

I know this is after the fact, but it's great to learn these kind of setups and you can do that only after fact. I hope someone caught this. The exit was obvious too @ 5150. A great 300-350 point move.

I hope someone found this great opportunity, I mean this was just simply amazing, just look at the confluence... :thumb::thumb::thumb:

 

[vikrit]

...............

did you changed any parameter in this indicator? using same on MT4, but not showing ABCD on nifty.

 

[TraderDude]

did you changed any parameter in this indicator? using same on MT4, but not showing ABCD on nifty.

By default the korharmonics indi will not show ABCD pattern. Check the properties and enable ABCD pattern.

 

[TraderDude]

If nifty breaks 5325 and hold, Nifty and most stocks will be bullish.

 

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Hi Trader Dude,

Thanks , I Learnt many things from this thread and still trying to get most out of it.

regards,


som singh