> NiftyIndex up waves are ending within 25 days and down waves within 7 days. > Bullish or Bearish crossover, or divergence at the end of waves. > Strong Bullish and Bearish patterns seen at the end of up and down waves respectively.
Combining all these three observations can provide strong Buy and Sell signals.
Current Up wave:
> Current move also started with a kicker and gap up along with a bullish divergence on the oscillator. > If price stays with in the channel, the possible targets could be the upper trendline of the major channel shown in the chart, which comes out to be 10500-10600. > If price overshoots the channel line, the possible target for this wave could be 10900 to 11000. > If this wave cycle repeats, the current wave may end near 20th December 2017
Do Hit the like button and share your thought on the post. Trade safe, stay healthy.
Regards Bravetotrade
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Pasting some of my earlier publications for my NEW FOLLOWERS.
firstly,thank you for taking time,patience ,efforts for making the entire craft look so simple .i am proud to read in jan 2021 .n i wont be shocked for 15997 levels to touch in near time. my words of appreciation are simply penny infront of ur detailed explanation.u r simply good at explaining .
this is ur first post i m reading ,if u could share same pearls of wisdom (to learn abt markets) ,would be eager to hear you.my email id is avinashrdoshi@gmail.com
i am ca final student.
Bravetotrade
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@avinash260692, thank you so much for appreciation. If u liked this one then perhaps you should go for my other posts too.
avinash260692
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@Bravetotrade, surely !!! keep posting thats all i want to say u r clear, concise and precise.
Trade-Wealth
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Man u put so much efforts.!! Much appreciated.
Bravetotrade
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@mdhaamu, Thankyou so much dear.
Trade-Wealth
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@Bravetotrade, Just call me Dhamu. No sir, nobody deserve to be in Market rather than Mr. Market itself.
this is ur first post i m reading ,if u could share same pearls of wisdom (to learn abt markets) ,would be eager to hear you.my email id is avinashrdoshi@gmail.com
i am ca final student.