NSE:NIFTY1!   S&P CNX NIFTY INDEX FUTURES
There is a MOST LIKELY HNS FORMATION ON NF CHARTS AS indicated. The down side target is indicated by the Black line at apprcc 16800-900 zone . Be careful. Breaking and staying below the Hourly PIVOT at 17637.... will be KEY
Comment:
BNF HAS MORE OR LESS THE SAME PATTERN. BE VERY CAREFUL
Comment:
HOURLY AUTO DETECT ON NF AND BNF SHOWS THAT THE WAVE UP IS DONE. AT MAXX.... MAYBE A FEW POINTS UP TO TAKE OUT ALL SHORTS. SO THIS BECOMES A POSITIONAL TRADE NOW
Comment:
A CONFIRMATION TO THE DOWNSIDE ON NF BREAKING BELOW THE 61.8% RETRACEMENT OF THIS ENTIRE RISE/FALL
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