During the panic selling , it was difficult to see bullish stocks and we had selected ITC and Tech M with decent risk reward. Fortunately , even after panic selling continuation, Both SL stayed safe and Tech M achieved it's target, while ITC gave 13 points. Even bad news for ITC couldn't drag it much down. It just gave a jerk.
Following is the link for Trade idea A
https://jttime.blogspot.in/2017/08/aug-2017-trade-ideas-a.html?m=1
One can look to buy CARE rating, which is beaten down to its demand zone and around 200MA.
After a pullback which gave a good relief rally, we were anticipating it as a short relief and expecting 9930 as resistance, Nifty couldn't sustain above 9930 for long and made high of around 9940 and still consolidating. As for expected it was not a bull back but just a pullback. Our stand will still remain bullish above 9930 & below 9600, we may turn bearish for medium term period. So our view is still intact.
Following is the link for Nifty View August Expiry
https://jttime.blogspot.in/2017/08/august-nifty-view-b.html?m=1
This pullback relief was anticipated just 1 day before Nifty started upwards journey, but ultimately it's just a speculation which went right this time again and nobody can Predict Market.
Happy Trading 📈📈
Following is the link for Trade idea A
https://jttime.blogspot.in/2017/08/aug-2017-trade-ideas-a.html?m=1
Fresh idea
Updates for Nifty View
After a pullback which gave a good relief rally, we were anticipating it as a short relief and expecting 9930 as resistance, Nifty couldn't sustain above 9930 for long and made high of around 9940 and still consolidating. As for expected it was not a bull back but just a pullback. Our stand will still remain bullish above 9930 & below 9600, we may turn bearish for medium term period. So our view is still intact.
Following is the link for Nifty View August Expiry
https://jttime.blogspot.in/2017/08/august-nifty-view-b.html?m=1
This pullback relief was anticipated just 1 day before Nifty started upwards journey, but ultimately it's just a speculation which went right this time again and nobody can Predict Market.
Happy Trading 📈📈
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