I have marked out an imaginary 5 waves UP which MUST PLAY OUT.... if Not Something is Terribly WRONG. The Other Liberty I have taken is to Construct an IMAGINARY LEADING DIAGONAL ( marked in RED ARROWS). I have merely done what I see on the SGX future chart. It makes Me believe that for now... Nifty """ MAY""" get stuck in a Leading Diagonal and FALL OFF THE CLIFF. CAUTION at every High from here is Advised. To Me the zone of 17465 to 17620 apprxx will act as RESISTENCE.
Since wave 3 must do a minimum of 1.618% of wave 1..... 17454 MUST be achieved ,,,, it has to else we have a TRUNCATION
Drawing or anticipating such Technical Leads will come only with Experience over Many Years. I cannot Hold your Hand and Teach you such things. But I can surely Help in Guiding you all, which I have been doing on almost every Single day.
Since wave 3 must do a minimum of 1.618% of wave 1..... 17454 MUST be achieved ,,,, it has to else we have a TRUNCATION
Drawing or anticipating such Technical Leads will come only with Experience over Many Years. I cannot Hold your Hand and Teach you such things. But I can surely Help in Guiding you all, which I have been doing on almost every Single day.
Comment:
I could not post further yesterday as my 10 posts maximum were over . A LINE of CAUTION on NS at 17465 to 17520 zone..... JUST be EXTREMELY CAUTIOUS