Nifty Prediction 4th May 20

Nifty Prediction use trailing stop loss for long trades in recommended stocks and hold longs. As predicted at 7511 we are nearing our target area.

Nifty has moved perfectly in line with what we have been predicting while majority of the market was bearish and still remain bearish we had clearly been predicting that Nifty now will move higher and it will be a great trade to buy high quality stocks in your portfolio as well as take trading longs in the Nifty and that prediction has worked out to be perfect to the dot. We openly recommended Divis Labs, Abbot India and Nestle here also and all are at life time highs other recommended stocks also are doing superb so the idea is to buy and hold high quality stocks with great management and good positive cash flow. 

Many of you have been asking me which stocks to buy so we are starting a assisted PMS product where you just start a trading account with us and we will keep guiding you what to buy when to buy and hold much to buy (as in terms of percentage allocation) as well as we will keep telling you when to book profits and when to get on to cash so this service will not have any charges and only requisite will be to have a trading account with us in globe capital.

Now, going forward what do we see from here well I wont put that information out as of now (we alredy have updated our clients on what to do) but we cant put that information as of now in the open so be very nimble tooted and trade with a strict stop loss.

Part of what we did today 

[8:58 AM, 4/29/2020] Glen Drago: Good morning
[8:59 AM, 4/29/2020] Glen Drago: Hold delivery longs as told
[8:59 AM, 4/29/2020] Glen Drago: Trading of we get low. Risk points we will buy
[8:59 AM, 4/29/2020] Glen Drago: Trading if we get low risk areas we will buy
[9:19 AM, 4/29/2020] Glen Drago: Wait for msg to trade
[10:18 AM, 4/29/2020] Glen Drago: Nifty 28 May 9200 Put Sell 1 Part at cmp
[12:13 PM, 4/29/2020] Glen Drago: BTST Nifty April Fut Buy Above 9471 SL 9430
[12:13 PM, 4/29/2020] Glen Drago: April Fut levels mentioned
[12:39 PM, 4/29/2020] Glen Drago: Overall heading for 10200 Do not short sell anything hold longs as told
[1:00 PM, 4/29/2020] Glen Drago: Nifty book 50% profit at 9510 (prefeed) and trail remaining qty to 9430 April Fut level and hold
[2:37 PM, 4/29/2020] Glen Drago: Hold Nifty remaining 50 percent long qty as told
[2:37 PM, 4/29/2020] Glen Drago: Hold 28 May 9200 Put short 1 part as told
[2:37 PM, 4/29/2020] Glen Drago: As and when anything needs to be done will update
[9:06 AM, 4/30/2020] Glen Drago: Good morning
[9:06 AM, 4/30/2020] Glen Drago: Hold Nifty Fut remaining 50 percent longs as told
[9:07 AM, 4/30/2020] Glen Drago: Hold 28 May 9200 Put short 1 part as told
[9:07 AM, 4/30/2020] Glen Drago: Hold delivery longs as told
[9:07 AM, 4/30/2020] Glen Drago: Reiterate see area of 10200 around May 15th once we are near 10200 then we will take a fresh view on the market
[9:49 AM, 4/30/2020] Glen Drago: Do not buy fresh longs now in delivery
[9:49 AM, 4/30/2020] Glen Drago: Just hold existing longs

Part of what we have said over past few weeks ( I am giving the date and time stamp also here so that you can verify if need be) I know no one predicted this and no one is showing proof like the way I am. Live chat transcript copy is provided here.

[9:16 AM, 3/24/2020] Glen Drago: Good morning
[9:16 AM, 3/24/2020] Glen Drago: Nifty heading for 10600-10800 in next few weeks now
[9:17 AM, 3/24/2020] Glen Drago: Those who can hold sell April 7800 puts and hold
[9:18 AM, 3/24/2020] Glen Drago: Buy delivery in recommended stocks and hold
[9:18 AM, 3/24/2020] Glen Drago: expected move CMP-7350>>10200-10800 (2/3rd week of may) >>>—00—-00 (—–end)>>>> Aug-Nov 1—–0>>—— (Oct 2021)>>23800 (2025-2024)

[11:03 AM, 3/27/2020] Glen Drago: Nifty don’t see sustaining below 8400 spot now expect some minor consolidation for next few days before starting next leg up towards 10200-10100
[11:03 AM, 3/27/2020] Glen Drago: Buy delivery in recommended stocks if you have not done so
[11:04 AM, 3/27/2020] Glen Drago: Reiterate we see 10600-10800 by 3rd week of may

[3:07 PM, 3/30/2020] Glen Drago: Hold reliance longs as told see 1260 from here in reliance
[3:08 PM, 3/30/2020] Glen Drago: Overall we don’t see below 8400 sustaining and see 10200 now but aggressively on dips because consolidation will end and next round up toward 10200 will begin
[3:11 PM, 3/30/2020] Glen Drago: Dlf buy 1 Part and cmp and 2nd part at 125 SL 128 TGT 162
[3:22 PM, 3/30/2020] Glen Drago: Overall we don’t see below 8400 sustaining and see 10200 now but aggressively on dips because consolidation will end and next round up toward 10200 will begin

[9:41 AM, 3/31/2020] Glen Drago: Reiterate don’t see Nifty sustaining lower below 8400 spot levels 10200 is coming in the next few days. Idea is to buy on dips for higher levels
[9:46 AM, 3/31/2020] Glen Drago: Bank Nifty we see moving towards 22000 plus
[9:46 AM, 3/31/2020] Glen Drago: Keep in mind pullbacks will keep coming from time to time but overall prices will keep. Moving higher towards 10200
[9:47 AM, 3/31/2020] Glen Drago: Hence buying must be done on pullbacks only

[12:07 PM, 4/1/2020] Glen Drago: Next week we should see above 9000 area and in few days we should touch 10200 area on dips buy delivery in —–
[12:08 PM, 4/1/2020] Glen Drago: Consolidation is about to end sonwe see resumption of the up move towards 10200 spot Nifty levels
[12:43 PM, 4/1/2020] Glen Drago: Sail buy at cmp SL 21.7
[12:57 PM, 4/1/2020] Glen Drago: Consolidation about to end around these levels we see higher prices coming in next week 9000 plus and eventually 10200
[12:57 PM, 4/1/2020] Glen Drago: Minor volatility if comes we will use to add long

[9:19 AM, 4/3/2020] Glen Drago: Pullback / retracement of 9038 to 7500 is more or less done. We see Nifty heading higher towards 10200 now from these levels. Use dips to buy delivery in recommended stocks and hold
[9:48 AM, 4/3/2020] Glen Drago: Hold sail bandhan reliance remaining long qty

[2:43 PM, 4/3/2020] Glen Drago: We see 9000 plus in next week and overall consolidation will end taking nifty towards 10200
[2:48 PM, 4/3/2020] Glen Drago: Don’t recommend buying calls selling puts as told is recommended hold 8000 Put short and 7600 Put short
[2:49 PM, 4/3/2020] Glen Drago: If Nifty starts up move now in speed consider that pullback or retracement of 9038 to 7500 is done and next leg is heading for 9000 plus

[3:55 PM, 4/3/2020] Glen Drago: Many of you may not agree with what I have mentioned but I am telling you what I am seeing right or wrong that time will tell but based on astro cycles elliot wave and gann combined I don’t see any downside now. Bottom is done as per my calculations and overall we will see —- or atleats —- eventually by — to —. There will be a minor halt around —- and a pullback and then a minor halt around —- and a pullback but overall prices are now heading for a good rally towards Aug to Nov so keep that in mind. Avoid gold and silver for now at least till 3rd week of may

[9:01 AM, 4/8/2020] Glen Drago: Reiterate overall we see current move heading for 10200 area but buying we will do on pullbacks only as pullbacks will keep coming from time to time
[9:48 AM, 4/8/2020] Glen Drago: Last week we predicted Nifty will touch 9000 by Friday and that has more or less come. Overall there could be some consolidation next week but overall trend will remain up till 3rd week of may which we see Nifty touching 10600 area
[9:49 AM, 4/8/2020] Glen Drago: We will lighten trading positions on rise and on consolidation we will renter longs

[9:29 AM, 4/13/2020] Glen Drago: Nifty see consolidation between 8400 to 9200 for around 6 to 10 days. On dips we will buy
[11:41 AM, 4/13/2020] Glen Drago: Towards end of the week we could see a minor dip we will be buying that time
[2:14 PM, 4/13/2020] Glen Drago: Post consolidation we see nifty moving higher towards 10200 area. During the consolidation we see on lower side 8400 holding on dips we will be selling puts

[9:21 AM, 4/17/2020] Glen Drago: Hold delivery longs as told. On any dip if you want add delivery longs in recommended stocks
[9:26 AM, 4/17/2020] Glen Drago: The fact that we are not moving lower towards 8500 area is suggesting that we Nifty is more stronger than we expect. On dip we will be buying at appropriate levels. Reiterate see 10200 on upside

[9:13 AM, 4/22/2020] Glen Drago: ood morning
[9:14 AM, 4/22/2020] Glen Drago: Consolidation between 9300 to 8400 will take place
[9:14 AM, 4/22/2020] Glen Drago: On dips we will buy overall see 10200-9800 by 2 or 3rd week of may

As usual if you are only trading on the basis of this post please use your own risk management and then only trade please do not over trade and always keep your risk in check.

Good trading to you!