Nifty : Avoid Bottom Fishing !!!!

 Dear All, 

                           We might see more weakness in Nifty As we might be in Wave C down 

Nifty Also forming Harmonic Bat Pattern 

PRZ Levels 

Nifty Bearish View will fail if we close above 15070 Nifty spot 

Imp : This Update is for Educational Purpose Only 

M :9873511276 

Thanks & Regards 

Abhay Mehrotra 

Nifty FMCG : Reverse From Resistance , Set for More Downside ???

 Dear All, 

                                   Nifty Fmcg has reversed from resistance , We might see more downside 

Imp: This Update is for Educational Purpose Only 

M :9873511276 

Thanks & Regards 

Abhay Mehrotra 

Bosch : Support @ Lower Levels , Buy on Dips ???

 Dear All, 

                                                         We might see Support @ lower levels in Bosch 

Imp : This Update is for Educational Purpose Only 

M : 9873511276 

Thanks & Regards 

Abhay Mehrotra 

Nifty Energy : Support @Lower Levels , Bulls Ready to Take Control ???

 Dear All, 

                                                           We are close to support ,Can see Bounce 

Imp: This Update is for Educational Purpose Only 

M :9873511276 

Thanks & Regards 

Abhay Mehrotra 

Bel : False Breakdown , Bulls Ready To Bounce Back ???

Dear All, 

                                                               Bel might have done false breakdown 

Imp : This Update is for Educational Purpose Only

M:9873511276 

Thanks & Regards 

Abhay Mehrotra 

Some Failed SetUps !!!!!

 Dear All, 

                               

                          Not Every Time Trading setups work , these are few of trading setups not worked

1. One July 8 ,posted that  we might see bearish move in Nifty Energy , kindly read http://abhaymehrotra.blogspot.com/2020/07/nifty-energy-bears-are-coming.html

                                                     Below chart was shared that day 

What Happened After Setup

Nifty Energy Zoomed up 

Proving Our Bearish Setup Wrong 

2.      Posted that Nifty Auto Might see bearish move , Kindly read http://abhaymehrotra.blogspot.com/2020/07/nifty-auto-bears-ready-to-attack.html

Below is the chart posted that day 

What Happened After Setup

Nifty Auto Zoomed up 

And Our Setup Failed badly 

3.   Posted that we might see Bearish Move in Maruti , kindly read http://abhaymehrotra.blogspot.com/2020/08/maruti-hit-speed-breaker.html

Below is the chart posted that day 

What Happened After Update 

Maruti Zoomed Up 

& 

Our Setup Failed badly 

Imp: These Updates are for Educational Purpose Only 

M : 9873511276 

Thanks & Regards 

Abhay Mehrotra 

India Vix : Ready To Explode ???

Dear All,
                                                         We might have made bottom in India Vix

Imp: This Update is For Educational Purpose Only 

M:9873511276 

Thanks & Regards 

Abhay Mehrotra