CNX 100 - 2016 Diary- Hitting the Bulls Eye@8900

NSE:CNX100   NIFTY 100
127 6
Another clue -why markets are bearish in coming months along with clues from USDINR-- Nifty--Bank Nifty--India ETF--Dollar Index- How many clues one need- isn't that sufficient.

Fall from 8900 to 8100 was awesome which became aggressive in between with the surgical strike. Likely to travel in the zone 6924 which is the next swing low in the coming months- an assumption

What Next?
Trading & sustaining below 8500 shall be looked with a suspicious eye from a traders point of view.

This is how we moved in 2016

Click the charts below & use load bar feature- to see future bars

Why you should be careful@9188

Surgical Strikes on Market

Check all financial instruments related reports -by clicking on my name & visiting the profile

Best Regards,
Abhishek H. Singh, CMT
India Regional Manager
| LinkedIn
India Markets-BSE, NSE chat room- https://in.tradingview.com/chat/#b4sFOMIVqPkq8gfQ
Lenght of wave 1 (in circle) is ~4159 points (6304 - 2145); assuming 3 is ended, length of 3rd wave is 4791(9188 - 4397); which is 1.15x or for brevity lets say tending to equality. So, there is case that wave 5 can be extended?
@marne.vivek, That could be a possibility or wave -4 in circled wave-3 is not complete & running into the c - wave of 4th wave in circled wave-3 which is yet to complete.
AbhishekHSinghCMT AbhishekHSinghCMT
@AbhishekHSinghCMT, Sorry for the repeat in the above text
hi Sir,
can i have ur view on usd inr, actually had seen a lonfg term view of urs on usd but unable to find it.
Thanks & Regards
@uttamtrader15, On home page -there is a tab - "search ideas" can put USDINR in the empty space & search the idea or click my name to enter -my profile to see all analysis & scroll down & search for USDINR reports
uttamtrader15 AbhishekHSinghCMT
@AbhishekHSinghCMT, thank You got it...
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