technically SGX nifty has price rotation.
? 8323 target then, price will not break or close 8622. Incase of break & close above 8612, then channel will not continue.
Daily chart:
During the falling wave, 3 times reduction in price has been seen.
While using the retracement, 32.2% retraced is at 9249. Price rotatio range is between 8838 and 8188.
Daily chart:
During the falling wave, 3 times reduction in price has been seen.
While using the retracement, 32.2% retraced is at 9249. Price rotatio range is between 8838 and 8188.
Trade active:
exact target achieved.