SOMEDAY NIFTY WILL MAKE A NEW HIGH AS SHOWN WITH ARROW WHICH IS NEAR TRENDLINE AS ONCE TRENDLINE IS BROKEN STOCK KEEPS RETESTING IT AND TRIES TO TOUCH IT BIG NEWS LIKE BUDGET ON FEBRUARY 1 WILL BE A BOOSTER IF COMES WITH POSITIVE NEWS AND A NEW HIGH OF APPROX 12243 BE MADE BUT ON THE OTHER HAND ELLIOTT IMPULSE 12345 WAVE HAS BEEN COMPLETED NOW CORRECTIVE MUST KICK IN ABC WHICH SHOULD MAKE IT FALL DOWN TO PREVIOUS LOW AS SHOWN WITH DOWN ARROW IF YOU ARE GOING SHORT RED LINE IS STOP LOSS ON CANDLE CLOSING BASIS AND IF #STILL LONG BLUE LINE IS STOP LOSS ON CLOSING BASIS I AM NEUTRAL FOR NOW ALSO IF YOU USE 45 MINUTE CANDLE THERE IS A GAP AT APPROX 12011 WHICH MAY BE FILLED AND WORK AS SUPPORT
NOTE: TRADE AT YOUR OWN RISK GOOD LUCK
NOTE: TRADE AT YOUR OWN RISK GOOD LUCK
Trade closed: target reached:
new high hit