We are Clearing Seeing A formation of Head and Shoulder pattern.
All TV News Channels are bullish and Everybody is saying market has made its bottom. Even Reliance , HDFC Bank, ICICI Bank are bullish ..... BUT WAIT.....
DON'T FALL INTO THIS TRAP....... I REPEAT DON'T FALL IN THIS TRAP.
MARKET Correction has been not Completed Yet , So stop and think about it that C wave(ABC Waves are Corrective Waves in Elliot Waves) Is not Completed Yet and this is Wave B Ongoing so Wait for it to Correct.
THIS IS MY BOLD STATEMENT THAT MARKET MAY FALL TO 23000 LEVEL SOON & FURTHER, SO STAY ALERT IN THIS MARKET.
HAVE A GOOD DAY TRADERS.
NOTE : This is for educational purpose so please take trade according to your Financial Advisor.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.