Nifty Today’s Trend, Prediction, View, Target 28th June

Nifty Today’s Trend, Prediction, View, Target 28th June

Nifty Futures today moved lower and then recovered from lower levels and then again started falling and closed around the low area of the day. As we have been guiding that in the near-term there could be some more volatility but the idea should be to trade in and out  (as we expect some more or rather another round of pullback to come which could take Nifty towards levels of —–) but for that buying at proper levels only from a near-term to immediate term perspective should be done and traders will have to be very nimble footed for the same.  I don’t want to say too much for now chat transcript given below is self explanatory but keep in mind that we will be getting in and out very fast so if you are trading only on the basis of this post please use your risk management and then only trade. Please do not over trade and always keep your risk in check.

6/26/18, 8:58 AM – Glen Drago: GM

6/26/18, 8:58 AM – Glen Drago: Nifty has been moving in a range as expected. As we had predicted on some days bulls will feel they have won and if you look at Friday the bulls were convinced markets are moving higher, yesterday and may be today morning the bears will think they have won the game but in reality the markets are currently moving in a range and that’s about it. Non trending markets should not be traded and hence we are not keen on taking any Nifty positions for the time being, however our Nifty view for the near-term remains that we will see ——or may be even —– area and then start the sharp downside fall. The speed of the fall was missing even yesterday and hence we do not see this as the start of a down cycle move. It will come but after retesting higher ranges as mentioned. As things stand as of now we may look at some commodities or stocks for near term trading so keep that in mind. If we do see clear opportunities then only we will take those trades. It is going to be a wait and watch game for the next few days as far as Nifty is concerned.

6/26/18, 8:58 AM – Glen Drago: will keep updating if anything needs to be done

6/26/18, 9:11 AM – Glen Drago: Mars is going retrograde today. In my historical analysis, we see that —-% of the times in —- TD market reverses and —-% Times a —- forms within 7 TD post which a —— Min 5%  & Max 18%. This is the track record of mars retrograde over the past 100 years

6/26/18, 9:12 AM – Glen Drago: shanti karke baitho aramse if we see lrp we will take trade

6/26/18, 9:17 AM – Glen Drago: so bottom line in any conditions we see pullback taking place again towards —– area regardless we see that from wave perspective as well as astro perspective

6/26/18, 10:19 AM – Glen Drago: BOB buy at 113.5 and 109 SL 106 tgt 121 spot nse levels mentioned. HIGH RISK TRADE

6/26/18, 10:20 AM – Glen Drago: For few days please forget —–side till —– does not come back it’s possible to see a bit higher also from —– area not much but minor upside from —– area also is possible

6/26/18, 12:48 PM – Glen Drago: If anything has to be done will update

6/26/18, 12:49 PM – Glen Drago: Minor volatility could be seen but if we get lrp we should be buying

6/26/18, 12:49 PM – Glen Drago: Keep in mind we are not suggesting a bull cycle just a minor pullback or move that will move towards —– area

6/27/18, 9:13 AM – Glen Drago: GM

6/27/18, 9:13 AM – Glen Drago: If anything has to be done will update

6/27/18, 11:24 AM – Glen Drago: low risk traders must avoid stocks for the time being

6/27/18, 11:25 AM – Glen Drago: Bharat Forge Buy @ 593 & 586 SL 580 Nse spot levels mentioned

6/27/18, 11:29 AM – Glen Drago: Nifty we don’t see anything happening for now. It’s going to be sideways and we expect a bottom formation from a near-term perspective. Mars retrograde as mentioned yesterday has high reversal probability when markets are declining fast into them (like all global markets were declining ) so post the astro signature we have always seen —- in stocks so this time also we expect a bounce not a bull move (will look like a bull move) but actually will be a bounce towards the upward sloping trendline that could come around —–. The more time it will take higher the trend line will move

6/27/18, 1:16 PM – Glen Drago: Wait for Nifty buy msg

6/27/18, 1:16 PM – Glen Drago: Shanti karke baitho aramse

6/27/18, 1:18 PM – Glen Drago: Bharat Forge 1 part active

6/27/18, 1:19 PM – Glen Drago: Confirmation Bharat Forge 1 part active

6/27/18, 1:19 PM – Glen Drago: If comes to 586 spot add 2nd part keep SL 580 spot nse levels mentioned

6/27/18, 1:20 PM – Glen Drago: Nifty BTST buy 1 part between 10666-10650 spot Nifty levels mentioned

6/27/18, 1:20 PM – Glen Drago: If comes to trigger price then only enter

6/27/18, 1:22 PM – Glen Drago: BOB buy at 114 and 109 SL 106 spot levels mentioned

6/27/18, 1:27 PM – Glen Drago: BTST trade Nifty buy 1 part at cmp

6/27/18, 1:27 PM – Glen Drago: Confirmation Nifty 1 part active

6/27/18, 1:28 PM – Glen Drago: Nifty buy 2nd part BTST at 10650 spot Nifty levels mentioned

6/27/18, 1:28 PM – Glen Drago: We see —– for upside

6/27/18, 1:29 PM – Glen Drago: Nifty Hold 1 Part BTST Long as told

6/27/18, 1:29 PM – Glen Drago: Bharat Forge Hold 1 Part Long as told

6/27/18, 1:29 PM – Glen Drago: will keep updating as and when anything needs to be done

6/27/18, 1:30 PM – Glen Drago: BOB buy at cmp and 109 SL 106 spot levels mentioned

6/27/18, 1:30 PM – Glen Drago: confirmation BOB 1 part active

6/27/18, 1:31 PM – Glen Drago: BOB Hold 1 Part Long, Bharat Forge 1 part long and Nifty BTST 1 part long as told

6/27/18, 1:31 PM – Glen Drago: will keep updating as and when anything needs to be done

6/27/18, 2:44 PM – Glen Drago: BOB Hold 1 Part Long, Bharat Forge 1 part long and Nifty BTST 1 part long as told

6/27/18, 2:44 PM – Glen Drago: If anything else to do will update