padiyaraa
Short

Nifty 8400. Made a high 8461 with a Dark cloud cover_go for 8282

NSE:NIFTY   Nifty 50 Index
237 views
4
237 4
Nifty             8400. Made a high 8461 with a Dark cloud cover on top, having negative divergence in MACD , can correct to 8285 _8230 level. If my count is correct, with the 5th of C is extended more than 62% the correction could be steep & swift.
On the other hand the scenario is bullish above 8228 as external influences could be positive and we all are expecting a per-budget rally, the 3rd quarter release started, which cannot be very bad. Why I am thinking this way is that the entire move from the 7893 is attaining strength now more over it shows the 3rd wave behavior so far. If we are still in the 3rd, it can reach further high.

My point is to bring caution while going down or shorting, to keep a strict stop loss. Because, I know my trade, others who believe me, won’t be get prepared well, to meet an emergency. The story cannot be narrated transparently to the reader, even if I wish sincerely, as the market is ever evolving and changing so dynamically. Caution for 18th WED & 19th THU.
May the trade be in your favor.
Comment: watch care fully today the 34th hourly candle from the assumed top 8417 may be around 13:00 hours today 18th Wednesday.
it is believed that an abc correction is started from 8417 and the the spike like 8461 etc are irregular internal waves.
Resistance 8421
supports are 8363_8314_8265
Comment: Next support is 8314.
It is correction till 8265.
It was expected a swift n steep fall.
But it delayed means, there is serious mistakes in count.
If it was a 5th wave extention we saw up to 8417,,, then the extent ed 5th must
Correct fast, which didn't take place. I will come up with fresh energy.
Comment: @vanathi
We are going to see that now. It is not delayed any more.
Are we not hearing the sound of silence?
Have you analysed why the fall is not steep?
Reply
Hi,
Very nice and rarely seen wave counts. I am also following waves. I would like to be in touch with you for sharing ideas if you dont mind.

My Whatsapp no 9824654426

Thanks
Reply
padiyaraa Hari_HMS
@Hari_HMS, you are welcome.
I will ping you later.
Reply
Thanks for your advise.
Reply
EN English (IN)
EN English
EN English (UK)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
HE עברית
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out