in weekly, wave C is going on.
in closure look, there are a lot much left of wave C.
wave B retraced 50% of wave A, so wave C should be extended.
Now counting the fractals of wave C shows that, sub wave going on.
looking at the retracement levels it can plunge below 560 levels. So one should exit in every bounce.
Note: this is for educational purpose.
in closure look, there are a lot much left of wave C.
wave B retraced 50% of wave A, so wave C should be extended.
Now counting the fractals of wave C shows that, sub wave going on.
looking at the retracement levels it can plunge below 560 levels. So one should exit in every bounce.
Note: this is for educational purpose.
Trade active:
till now 668.25
Trade active:
till now 632.60, getting beaten quite severely.
Trade active:
till now 610.90
Comment:
updated wave count :
Trade active:
still going down , closed at 601
Comment:
regular bullish divergence in daily at horizontal support. short term bounce is eminent.
Comment:
Comment:
after short term bounce, long term is resumed here, it has broken the horizontal support and moving lower,
Comment:
sorry for posting the wrong chart here,
here is the right one
here is the right one
Comment:
cmp - 515.70,
in weekly, it is in descending channel, downtrend continues....