nifty time cycle suggest that it is following abc wave pattern.
currently wave "a" is on and about to complete
than dead cat bounce in form of wave "b"
and again wave "c" down..
so coming week expecting to be volatile with dead cat bounce and dips
currently wave "a" is on and about to complete
than dead cat bounce in form of wave "b"
and again wave "c" down..
so coming week expecting to be volatile with dead cat bounce and dips
Comment:
wave "a " down move is on ..... important to watch support 16512
Comment:
viewers it just for educational and its approximate prediction of coming waves
like wave "a" down was expected... and it came
we expected near 16770-16512..
but it has given dip upto 16410..
now wave "b" up is on which expected to be upto 17000-17100
like wave "a" down was expected... and it came
we expected near 16770-16512..
but it has given dip upto 16410..
now wave "b" up is on which expected to be upto 17000-17100
Comment:
"b" MADE HIGH 17155
Comment:
"C" DOWN LEG STARTED.. TO CONFIRM IMP TO BREAK 16900--920