Nifty Prediction 3rd Sep 19

Nifty Prediction 3rd Sep 19. As predicted Nifty did not sustain below 10900 and started a fresh rally for higher targets while many of you feel that a major bottom has been established we say that for the time being keep in mind that overall the major trend remains down but for the time being 10600 is an interim bottom and once the retracement rally is done we will see lower levels. 

Part of what we did yesterday and today

[29/08, 9:22 AM] Glen: Good morning
[29/08, 9:22 AM] Glen: Wait for msg to buy in Nifty
[29/08, 9:22 AM] Glen: Reliance hold remaining 50 percent long qty as told
[29/08, 9:23 AM] Glen: Kuantum paper accumulate below 400
[29/08, 9:25 AM] Glen: Those holding reliance in Fut rollover to Sep series
[29/08, 12:19 PM] Glen: Wait for some more Downside
[29/08, 12:19 PM] Glen: We will be buying in staggered manner for 11400-11300 spot targets
[29/08, 12:20 PM] Glen: Reliance hold remaining 50 percent long qty as told
[29/08, 12:21 PM] Glen: Nevhe Anne do aur thoda
[29/08, 12:22 PM] Glen: Shanti karke baitho aramse
[29/08, 12:26 PM] Glen: Over the next few days we are expecting temp halt in trade war between China and USA. Also there could be some positive comments over next 15 days from Fed so overall based on this news the world markets can give a decent pullback
[29/08, 12:27 PM] Glen: Nifty as we were predicting we were not seeing much above 11100 and we were predicting 10900 now we don’t see much below 10900 but we must wait for some more time for buying. I don’t see Nifty sustaining below 10800 spot Nifty in the near term and I see 11300-11400 spot levels being tested on the higher side
[29/08, 12:29 PM] Glen: Gold and silver near term upside is done as per my calculations we see a dip in both of them in the coming days but we must use the dip to buy as longer term we remain very bullish on gold and silver
[29/08, 12:29 PM] Glen: Silver we see around 1 L min
[29/08, 12:29 PM] Glen: Gold should also see 46000 plus
[29/08, 12:30 PM] Glen: Longer term but near term we don’t see much more rally in both of them
[29/08, 12:30 PM] Glen: Those holding physical since 35000 onwards continue holding on dips we will add silver ideally around 42000
[29/08, 12:31 PM] Glen: Wait for buying nifty
[29/08, 12:31 PM] Glen: Ghai matt karo wait
[29/08, 12:44 PM] Glen: Option Only Trade 26 Sep 10800 Put Sell 1 Part at cmp
[29/08, 12:45 PM] Glen: Keep space for 3 more parts
[29/08, 12:47 PM] Glen: Don’t see much downside but it’s possible for nifty to intra day test around 10850 on dips we will add
[29/08, 2:03 PM] Glen: 26 Sep 10800 Put Short 1 part hold as told
[29/08, 2:03 PM] Glen: Will update as and when anything needs to be done
[29/08, 2:05 PM] Glen: We could still see 10850 spot intra day basis in the next few days but I don’t see downside sustaining now below 10900 spot we see 11300-11400 spot on the higher side in the coming days
[29/08, 2:06 PM] Glen: Overall the trade is buy into panic or sharp dip and hold for higher targets mentioned
[29/08, 10:56 PM] Glen: But as of now can’t rule out 10850 In panic
[30/08, 9:07 AM] Glen: Good morning
[30/08, 9:07 AM] Glen: Hold positions as told
[30/08, 9:08 AM] Glen: 26 Sep 10800 Put Short 1 part hold as told
[30/08, 9:08 AM] Glen: Reliance hold remaining 50 percent long qty as told
[30/08, 10:08 AM] Glen: Book profit in 26 Sep 10800 Put Short
[30/08, 10:08 AM] Glen: Confirmation no open positions in Nifty
[30/08, 10:08 AM] Glen: Wait for dip to buy again
[30/08, 11:42 AM] Glen: 26 Sep 10800 Put Sell 1 Part at cmp
[30/08, 11:42 AM] Glen: Keep space for 3 more parts
[30/08, 11:43 AM] Glen: Our overall view remains that we see 11300 to 11400 on higher side. We don’t expect Nifty to sustain below 10900 for long
[30/08, 11:52 AM] Glen: Nifty Sep Fut Buy 1 Part at 10867 Spot level trade in Sep Fut
[30/08, 11:53 AM] Glen: We are not expecting prices to sustain lower we see this as last leg of current pullback expect higher targets of 11300 plus over the next few days
[30/08, 11:53 AM] Glen: Risk reward in favour of buying
[30/08, 12:04 PM] Glen: Nifty Sep buy 1 Part at cmp
[30/08, 12:04 PM] Glen: Remove pending order of 10 867 spot level
[30/08, 12:05 PM] Glen: Hold Nifty Sep Fut 1 Part long and 26 Sep 10800 Put Short 1 part as told
[30/08, 12:05 PM] Glen: Will keep Updating as and when anything needs to be done
[30/08, 12:06 PM] Glen: If comes lower we will add 2 more parts
[30/08, 1:47 PM] Glen: Nifty continue holding 2 parts longs as told
[30/08, 1:47 PM] Glen: As and when anything needs to be done will update
[30/08, 1:48 PM] Glen: Reiterate Nifty heading for 11300 to 11400
[30/08, 1:49 PM] Glen: Nifty Sep Fut Hold 1 Part Long and 26 Sep 10800 Put Short 1 part hold as told total 2 parts
[30/08, 1:51 PM] Glen: Hold as told as and when anything needs to be done will update
[30/08, 1:51 PM] Glen: Reliance hold remaining 50 percent long qty as told
[30/08, 3:01 PM] Glen: We had clearly predicted thta Nifty will not sustain below 10900 and start moving higher for 11300. Hold long positions bought below 10900