vishalcfa

NIFTY WEEKLY #MAPPING #FRACTAL #STRUCTURAL

NSE:NIFTY   Nifty 50 Index
Looking at NIFTY WEEKLY CHART WE HAD SEEN STRUCTURAL FRACTAL MOVE from MAY 2014 to FEB 2016 .. And after making high of 8968 it showing same indication .. So just Pre-empting same structural move
Pattern void abv 8968 and more indication below 8550
Comment: Looking at today fall feels still many long holding in system as pre empting bounce from strong support at 8580 but now trend is below it and also HINTING an CONTINUATION OF FRACTALS
Closing below 8580-8550 spot will lead to more weakness and weekly closing below it will give some more indication for change of trend ..
Seems like corrective wave iii still in play
As of now 8550 spot to watch (Surgical Strike Panic low )
Comment: Going as per fractal today weekly closing below surgical strike low will give more trigger to pattern .. now 8410 need to watch for fractal 8300