- 50% retraced 4th wave - 8957
- 61.8% retrace 4th wave - 8741
Wave 1 and 2, both connected parallel chance for finding 4rth wave. Intraday support 9100 nearby.
Short Sellers: first target 8965-8935 after breaking down the channel.
Next long position Trade Setup have two option :-
- Buy 8957nearby with minor stop-loss and,
- Last buy 8741 with stop loss 8700.
Actually I don't prefer to give both side trading levels, but above all levels are my planned to read and I am going to disclose with you. I will update if I take a position at any of the above plans.
Note: minor channel is not varified, its only random prediction.
Comment:
Exactly Nifty moved 9160 to 8957 as expected. (200 points)
Comment:
Exactly Nifty moved 9160 to 8857 as expected. (300 points)
Trade closed: target reached:
Target achieved as expected
Trade closed: target reached:
Fully Targeted.