abhaymehrotra

Thursday, March 19, 2020

NIFTY IT : What Next Bull or Bear ???

Dear All,
Nifty IT trading @ Imp levels

Imp: This Update is for Educational Purpose Only

M :9873511276

Thanks & Regards

Abhay Mehrotra

How Trading Levels Help Us Avoiding False Trades !!!!!!!

Dear All,

1. On 15 March posted that copper looks bullish if close above 428 , kindly read https://abhaymehrotra.blogspot.com/2020/03/copper-ready-for-pull-back.html

Below is the chart posted that day

Copper never gave close above 428 and cracked down we gt saved

From wrong trade

On 17 march posted that if close above 415 we may see bullish move but copper

https://abhaymehrotra.blogspot.com/2020/03/copper-lower-time-bullish-entry.html

Below is the chart posted that day

never close above 415 and cracked down

2. On March 15 posted that we might see bullish move if 951 close happen

https://abhaymehrotra.blogspot.com/2020/03/nickel-bulls-ready-for-come-back.html

Below is the chart posted that day

Nickel never close above 951 and we saved from wrong trades

On 17 March posted that Nickel if close above 907 we may see breakout

https://abhaymehrotra.blogspot.com/2020/03/nickel-lower-time-frame-breakout.html

Nickel never close above 907 , we gt saved from wrong trade

Imp: This Update is for Educational Purpose Only

M:9873511276

Thanks & Regards

Abhay Mehrotra

Some Failed Trading Setups

Dear All,
Not every trade setup work , let me share some trade setups which failed badly

1. On 25 Feb posted that , we might see bullish move in Rbl Bank ,kindly read https://abhaymehrotra.blogspot.com/2020/02/rbl-bank-bulls-ready-to-take-control.html

Below is the chart posted that day

Rbl Bank Crakced on downside instead of giving Bullish Move

2 . Posted on 27 Feb that Sunpharma formed a TripleBottom, kindly read ,https://abhaymehrotra.blogspot.com/2020/02/sun-pharma-triple-bottom-will-it-hold.html

Below is the chart posted that day

What Happened After Update

Sunpharma Triple bottom set up failed

3.On 25 Feb posted that Eicher Motors might hold crucial support at 1800 ,kindly read https://abhaymehrotra.blogspot.com/2020/02/eicher-motors-make-or-break.html

Below is the chart posted that day

Eicher motors broken 18000 support badly

and cracked down

4. On 25 Feb posted that Havelles has formed Triple Bottom , kindly read https://abhaymehrotra.blogspot.com/2020/02/havells-triple-bottom-will-it-hold.html

Below is the chart posted that day

What Happened After Update

Havlles Broken triple bottom and went down

Imp: This Update is for Educational Purpose Only

M :9873511276

Thanks & Regards

Abhay Mehrotra

Infy : Cracked 35% , Levels Bang On , Ready for Pull Back ???

Dear All,
On 24 Feb posted that we might did a False breakout in Infy, kindly read https://abhaymehrotra.blogspot.com/2020/02/infy-false-breakout.html

Below is the chart posted that day