Kinnari_Prajapati

The Break-Down Trade-Strategy with Wave Counting!

NSE:NIFTY   Nifty 50 Index
Hello, Friends...!

How are you?


After a long time, I've used here Break-Down Strategy...

The Control Price is too far from the current price level.

The price is trading near the Value Low area which is near 11476.

No Activity Zone is the upper side of the Control Price.

The Wave COUNTING:
our wave counting direction is up-ward therefore, the price will take support shortly to move up-direction.



Thank you.
Trade closed: target reached: Target has been achieved...

Comments

nice to see you back. hope now you wot go for long breaks :}
+2 Reply
Kinnari_Prajapati Aaurav_Trades
@Aaurav_Trades, thank you.
+2 Reply
Excellent
what next?
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Super once again.....
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Great, I am a new follower and I am impressed by your work, keep it up.
Stay safe and healthy.
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Banknifty wave E is running now which may end 26200-26370.ie either 1.236×(25232-20406) or (21967-16116)+20406.
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Kinnari_Prajapati marathnandakumar
@marathnandakumar, I just updated banknifty,
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Since nifty is forming lower highs and bottoms formation it will face stiff resistance at 11920 ie 78.6% of(12025-11535)
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Kinnari_Prajapati marathnandakumar
@marathnandakumar, everything crossed...for 5th wave.
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Nifty may fall upto 10800 level .
Reply