Amazing the letter got leaked - you must be thinking, but no let me tell you it was an impulsive move starting from 525 highs & I traded wave-iv -sharp jump above 490 for 502.
Bang On Target as expected in last night update@19:35 Hrs in the below post - click the charts Axis jumped even in the falling markets this morning clearing the myth that all of them never throw their towel together & run away -some take time to realize.
Best Scenario- Selling in the zone 500-505 with recent day high as stop from previous update.
Risky Traders could have sold near to 500-502 once it started falling.
Current Scenario- Look for a short term bounce close to 502 high & starts falling below current low which could be 4943.25 or less as the confirmation for selling -if it bounces.
Good Evening Guys - Selling from 500-502 made a low of 483 - a low below previous low zone 486-489 has satisfied what was expected.
Target achieved at 502 - bounce as I got the leaked letter in hand before market - Just Kidding Guys!
Abhishek H. Singh, CMT
Growth Director - TradingView India
YouTube Channel https://www.youtube.com/channel/UCYcnYveYBNLD-Qp54hvZogw