If breaks the Green Trendline above 14570 or the flag channel drawn, then 14670 may be seen.
Bollinger Band will expand upside.
If breaks the inclined TL + red Trendline below 14470
Gap filling possible
Bollinger Band will give the signal by expanding downside
Price has retraced upto 38%
According to Elliot Wave, Wave 2 may retrace anything less than 100%,
so, contrarion view is of gap filling.
Bollinger Band will expand upside.
If breaks the inclined TL + red Trendline below 14470
Gap filling possible
Bollinger Band will give the signal by expanding downside
Price has retraced upto 38%
According to Elliot Wave, Wave 2 may retrace anything less than 100%,
so, contrarion view is of gap filling.