Looking at the calculations and wave counts,,, we are going to see up-move wave F of a correction ... in wave theory we are going to move in wave 1 of new Up cycle or you can say (Bigger Wave "C" or wave "3")
lets see if it unfolds like this or not ? is the big time correction over today or tmrw slightly below 15600 ?
* for educational purpose only | trade at your own risk only!!
Trade active
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The move was well captured on upside but looking at the tops the overall structure seems like this in coming weeks,
stay cautious and try to invest in bottoms as a big correction is going to complete in name of inflation, war & recession
* only for educational purpose trade at your own risk !!
I think E is not completed, it's a trap, to trap retailer, and a domestic investors I am looking for 15150 and nearby levels in nifty for fresh buy
VishalSancheti
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@tusharttp can be 15250 levels but 400 points lower or catching bottom is difficult .. current levels looks really good to enter
VivekGolchha
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That is too overtly optimistic without any due basis....
abhisheknaa
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I think it will trap retailers and ready for down trend due to many factors like Crude, US 10 Y bond, Inflation, US Fed. ready for .75 raise.
July 1st or 2nd week US gonna announce recession.
VishalSancheti
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History is repeating again and good chance to trade on short !! the much awaited Crash on cards
SHRAVANBHAI
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FRESH 14750 LONG BUY
SHRAVANBHAI
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14700
Swarnendu_Mitra
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Same count, either ABCDE extracting triangle, E running or done, which may further transform into a seven leg Diametric (F-G), or a motive wave starts from here. No confirmation yet though.