Nifty Prediction 13th Feb 20

Nifty Prediction 13th Feb 20

Nifty despite all the negative news flow has managed to move higher. Overall we see currently trend to be up till major support area is not taken out. Most people are short selling the up move on rallies but till we do not see trend reversal we dont think that will be a good thing to do. 

Nifty Prediction Trend is up use small stop loss points to buy but be very nimble footed and keep booking regular profits and manage your risk.

Part of what we did over past 2 days

[9:19 AM, 2/7/2020] Glen: Good morning
[9:19 AM, 2/7/2020] Glen: Wait for msg to trade
[9:20 AM, 2/7/2020] Glen: Will update in sometime
[11:38 AM, 2/7/2020] Glen: Nifty has support between 12027-11979 spot level we could see a sharp rally from this area
[11:39 AM, 2/7/2020] Glen: Tata Steel and Bajaj finance could lead the rally towards 12400-12350 spot levels mentioned
[12:21 PM, 2/7/2020] Glen: Nifty Buy 1 Part at 12030 spot
[12:22 PM, 2/7/2020] Glen: Bajaj Fin Buy in 2 Parts Buy 1 part at 4585 spot level will update when to buy 2nd part
[12:23 PM, 2/7/2020] Glen: Tata Steel Buy in 2 Parts Buy 1 Part at 462 spot level and will update when to buy 2nd part
[9:00 AM, 2/10/2020] Glen: Good morning
[9:00 AM, 2/10/2020] Glen: If price comes to our levels we will buy
[9:01 AM, 2/10/2020] Glen: Till supports are held we see one more higher round coming
[9:17 AM, 2/10/2020] Glen: Tata Steel Buy 1 Part
[9:18 AM, 2/10/2020] Glen: Whenever we have to add 2nd part will update
[9:19 AM, 2/10/2020] Glen: Nifty buy 1 Part at 12030 spot level
[9:35 AM, 2/10/2020] Glen: Bajaj Fin Buy 1 Part above 4695 spot
[9:46 AM, 2/10/2020] Glen: Nifty Buy 1 Part
[9:47 AM, 2/10/2020] Glen: When 2nd part has to be added will update
[10:33 AM, 2/10/2020] Glen: Nifty buy 2nd part at 11990 spot
[10:41 AM, 2/10/2020] Glen: Nifty 2nd part active
[10:41 AM, 2/10/2020] Glen: Hold 2 parts with 11960 spot SL
[11:08 AM, 2/10/2020] Glen: Nifty book profit in 2md part at cmp
[11:08 AM, 2/10/2020] Glen: Confirmation Nifty 2nd part booked profit
[11:09 AM, 2/10/2020] Glen: Hold Nifty 1 Part long as told with SL 11970 SL spot level
[12:12 PM, 2/10/2020] Glen: Bajaj Fin Buy 1 Part above 4695 spot
[12:12 PM, 2/10/2020] Glen: Hold Nifty 1 Part long as told with SL 11970 SL spot level
[12:31 PM, 2/10/2020] Glen: Bajaj Fin hold 1 Part long as told
[12:31 PM, 2/10/2020] Glen: Whenever we have to add will update
[12:32 PM, 2/10/2020] Glen: Tata Steel hold 1 Part long as told will update when to add 2nd part
[1:48 PM, 2/10/2020] Glen: Tata Steel Buy 2nd part at 435 spot
[3:02 PM, 2/10/2020] Glen: Pidilit ind Buy above 1581 SL 1555 spot level mentioned
[3:25 PM, 2/10/2020] Glen: Pidilit active
[3:28 PM, 2/10/2020] Glen: Bajaj Fin keep trailing SL of 4690 spot and hold
[9:05 AM, 2/11/2020] Glen: Good morning
[9:05 AM, 2/11/2020] Glen: Wait for update
[9:12 AM, 2/11/2020] Glen: Bajaj Fin book 50 percent profit at 4750 spot level mentioned and trail remaining qty to 4690 spot level and hold
[9:12 AM, 2/11/2020] Glen: Nifty book profit in part 1 between 11995
-12110,
Spot levels mentioned
[9:13 AM, 2/11/2020] Glen: Pidilit ind book 50 percent profit at 1595 spot level mentioned and trail remaining qty to 1570 and hold spot level mentioned
[9:13 AM, 2/11/2020] Glen: Tata Steel hold 1 Part as told
[9:15 AM, 2/11/2020] Glen: Confirmation Nifty booked 1 part for buy done at 12030
[9:16 AM, 2/11/2020] Glen: Confirmation Pidilit Ind booked 50 percent qty now trail remaining qty to 1570 spot and hold
[9:17 AM, 2/11/2020] Glen: Confirmation Bajaj Fin booked 50 percent now trail remaining qty to 4690 spot and hold
[9:17 AM, 2/11/2020] Glen: Tata Steel exit at cost /455 spot level
[9:19 AM, 2/11/2020] Glen: Nifty above 12170 spot will move towards new high
[9:38 AM, 2/11/2020] Glen: Confirmation Tata exited
[9:43 AM, 2/11/2020] Glen: Nifty could see minor consolidation here for a few hours and then resume up move
[9:58 AM, 2/11/2020] Glen: Nifty buy 1 Part at cmp
[9:58 AM, 2/11/2020] Glen: On dips we will add 2nd part
[10:16 AM, 2/11/2020] Glen: Dabur Buy above 519 SL 508 TGT 538
[10:17 AM, 2/11/2020] Glen: Spot levels mentioned
[10:24 AM, 2/11/2020] Glen: Nifty day TGT 12225 if high is crossed before 11.45 am
[10:24 AM, 2/11/2020] Glen: Spot levels mentioned
[12:21 PM, 2/11/2020] Glen: Nifty Hold 1 Part as told
[12:21 PM, 2/11/2020] Glen: Wait for update to add more
[2:07 PM, 2/11/2020] Glen: Bajaj Fin revise trailing SL to 4730 spot
[2:17 PM, 2/11/2020] Glen: Consolidation should end shortly and we expect up move to resume towards new high.
[2:17 PM, 2/11/2020] Glen: DO NOT SHORT SELL. Every person on the street is short selling and averaging shorts we see this as a bear trap.
[2:19 PM, 2/11/2020] Glen: Move above 12170 spot will confirm move towards new high
[2:20 PM, 2/11/2020] Glen: Dabur Buy above 519 SL 508 TGT 538 spot levels mentioned
[2:33 PM, 2/11/2020] Glen: Divis Lab Buy Above 2144 spot
[2:39 PM, 2/11/2020] Glen: Option Only Trade Nifty 20 Feb Buy 12200 Call
[2:43 PM, 2/11/2020] Glen: Divis active
[2:44 PM, 2/11/2020] Glen: Pidilit Ind revise trailing SL to 1570 spot for remaining qty
[2:44 PM, 2/11/2020] Glen: Bajaj Fin revise trailing SL to 4730 spot for remaining qty
[2:44 PM, 2/11/2020] Glen: Nifty Hold 1 Part Long wait for msg to add 2nd part
[3:23 PM, 2/11/2020] Glen: Divis book 50 percent at 2159 (prefeed) spot level and trail remaining qty to 2130 spot and hold
[3:27 PM, 2/11/2020] Glen: Divis book 50 percent at cmp
[3:28 PM, 2/11/2020] Glen: Trail remaining qty to 2130 spot level and hold
[8:56 AM, 2/12/2020] Glen: Good morning
[8:57 AM, 2/12/2020] Glen: Nifty Hold 1 Part Long whenever we have to add 2nd part will update
[8:57 AM, 2/12/2020] Glen: Divis Labs hold remaining 50 percent long qty with trailing SL 2130 spot level mentioned
[8:57 AM, 2/12/2020] Glen: Bajaj Fin revise trailing SL to 4730 spot for remaining qty 50 percent qty
[8:58 AM, 2/12/2020] Glen: Pidilit Ind revise trailing SL to 1570 spot for remaining 50 percent long qty qty
[8:58 AM, 2/12/2020] Glen: Nifty 20 Feb 12200 Call Buy hold 1 Part long as told
[8:59 AM, 2/12/2020] Glen: Will update as and when anything needs to be done
[9:00 AM, 2/12/2020] Glen: Overall once 12170 spot is taken out we see Nifty moving towards 12500 in near term. Overall public is short and we see this as a bear trap
[9:18 AM, 2/12/2020] Glen: Dabur Buy above 519 SL 508 TGT 538 spot levels mentioned
[9:27 AM, 2/12/2020] Glen: Dabur active
[9:31 AM, 2/12/2020] Glen: Nifty 20 Feb 12200 Call book 50 percent at cmp
[10:02 AM, 2/12/2020] Glen: As and when anything needs to be done will update
[10:05 AM, 2/12/2020] Glen: DO NOT SHORT SELL janta is trapped in shorts
[10:45 AM, 2/12/2020] Glen: Book profit in remaining pidilit ind
[10:45 AM, 2/12/2020] Glen: Close dabur at cost
[10:45 AM, 2/12/2020] Glen: Nifty Hold 1 Part Long as told
[10:45 AM, 2/12/2020] Glen: Nifty 20 Feb 12200 Call long hold remaining 50 percent long qty as told
[10:46 AM, 2/12/2020] Glen: Bajaj Fin revise trailing SL to 4730 spot for remaining qty 50 percent qty
[10:46 AM, 2/12/2020] Glen: Divis Labs hold remaining 50 percent long qty with trailing SL 2130 spot level mentioned
[10:46 AM, 2/12/2020] Glen: Overall trend remains up
[10:46 AM, 2/12/2020] Glen: Wait for fresh trades
[12:07 PM, 2/12/2020] Glen: Exit divis and bajaj Fin remaining qty
[12:08 PM, 2/12/2020] Glen: Nifty Hold 1 Part Long as told
[12:08 PM, 2/12/2020] Glen: Wait for msg to add 2nd part