Nifty Spot

Updated

How do I know????? what will happen tomorrow and how do I calculate the retracements to the upside or the downside. This is again a 1 TF chart but since TV wont allow me to publish it... I have had to show this on a 15 TF. Make NO MISTAKES, I have merely taken a 1 tf chart and posted it on a 15tf . You will have to expand allllllllllllll the way to understand what I have done , how and why???

Trade active

High on NF likely to be now at 23836.... below 23824@ Trouble

Trade closed: target reached

On 1 tf..... NS has already done a 50% retracement to the upside at 23806.... BUT NF HAS NOT . Nf has done a 47% retracement so far. I think NS has done its high for now while NF will go higher to 23836 and then fall

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Should be ready for a FALL now

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NF below 23752.... will Fall HARD to 23432 and below

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Both NF and NS have now retraced 73.6% to the upside. This is where market reacts.... Careful hereon

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1st sigh of weakness hereon on NF below 23878... and breaking below and staying below 23825..... the downside

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NS staying below 23857 will get you 23791... below this MORE

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Be careful now..... All shorts should cover now

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61.8% Retracement on NS at 23664... """" MAYBE""" a decent LONG here with 78.6% 23609 as SL

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NF 23699 will act as support now.... if NOt..... This Last wave down will be to 23644.... then UP if not already

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a MINIMUM 400 points UP AWAITS from either 23699 OR 23644 on NF

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NF needs to stay above 23740... else 1 LAST WAVE DOWN POSSIBLE

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IF NF hold 23673..... BOTTOM is MORE OR LESS Confirmed... if not... the LAst wave down will be IN

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You are GOOD for the UPSIDE above 23712-740 Zone @ Should Fire UP

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HOWS THE JOSH BOYS ???

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gUYS i AM DONE FOR TODAY.... YOU GUYS ENJOY. CAREFUL AT NF 223782. bYE

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Pray you all made Good Money. I did what I had to today...... I cant do this each and everyday. I hope you all understand

deepgups

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