I am looking the trend as such is not deeply violated so expect the price to rebound today or on Friday
these patterns are typically come in the inter-mediate patterns , Not necessarily they represent any trend reversal
Just have patience for a day or two before resumption of trend
Good luck
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ha ha
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Hi friends if you are having a fear that market will crash then please place your protective stops with your own pre-defined price so that the fear of losing money will not be there
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From today onwards it will not stop for any political or Mechanical incident to take place , its Next stop is 14750 , Prepare for it
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ShreeKrishna , ShreeKrishna , ShreeKrishna , Now you know the meaning of Analytical system ,
the system that gives a level of confidence , the system that gives an confirmation the system that gives an edge in the trading system ,
Hope you all will review your methods and try posting charts in trading view and get more deep practices
due to expiry and rsi at peak level such falls are heallthy for strong up move... thanks for updating.. it really gives confidence.
VishalSancheti
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the moment we are near to 14750 levels or in 5th leg of this move ,we will see political agitations are resolved / suddenly vanished out of the media ...
markets are moved with purely paid setups to build fear / shorts in market ..
VishalSancheti
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we have seen that whenever bank nifty is taking nifty up , the mini nifty ( reliance ) isn't giving its run...
so I have strong view that from 7 th dec Reliance will also give support with banknifty to reach 14218 levels in nifty by 17th dec 2020.
thanks for updating & boosting confidence.please write some thing at lease twice a week. also give your view on bank nifty. i.e. long term target for feb 2021.
ckirtane
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will it trade inside bar created yesterday(13145-12830) for next 2/3 days & then resume up-trend? please guide.
ShreeKrishna
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@ckirtane, it will trade moderate , there is difference between trading on small time frame and daily time frame ,i wish i could able to tell you on day to day basis , its difficult to predict on day to day