From the last idea- WaveTalks: Nifty-Can Bulls Bounce Back?- The Irregular Triangle
Few Adjustments done. Wave- D has been changed to 17941 Highs as discussed over the last idea.
------------------------------------------------------------------------------- Since Morning @ 8th Oct2021 - How Index unfolded ------------------------------------------------------------------------------- It could be part of the corrective structure. D-Wave could be complex correction & possibly may end as Ending diagonal (Rising Wedge) in the last part (strictly valid only below 17950)
--------------------------------------------- Why 17950- is Critical level??? --------------------------------------------- Irregular Triangle B-Wave High is 17948 crossing above that level structure invalidates & has to be reviewed again.
-------------------------------------------------------------------------------- As discussed in the last idea suggested above for reference. 150 + Points in the session so far achieved --------------------------------------------------------------------------------
Selling below 17950 - dropped 100 points came to 17840-17850 zone
Suggested Minor Support Zone 17840-17850 - If zone holds then bounce can be expected - got the bounce to 17930+
Keep in mind the critical level - 17950 & E- Wave Pending if 17950 is protected. Thanks
Without your guidance we retailers didn't able to earn . Market is very volatile didn't able to understand it.
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Stock_Terminator
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17950 SL triggered
ShreeKrishna
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My personal opinion its not making running symmetrical pattern as what you have forecasted here , but still lets see how the market unfolds , all these patterns are hypothetical tools people use at large , the real time market will have measurable differences in its movement
Good luck
lenovo20000tablet
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Thnx , sir for being with us during market hours 🙏🙏