NIFTY wait for some pull back to enter.
The low of today might be the start of fifth wave
If so it is first wave.
But we should not jump at the conclusion
that there will be straight away rally.
some pull back is likely.
and let us be ensured that the today's low is not violated.
dollar index is rallying and dow has corrected from in real market trading.
Hence we can get an opportunity to enter at low level.
with stop loss at today's low.
I fear to post in trading view.
One of my post of 5 th august has been copied.
If so it is first wave.
But we should not jump at the conclusion
that there will be straight away rally.
some pull back is likely.
and let us be ensured that the today's low is not violated.
dollar index is rallying and dow has corrected from in real market trading.
Hence we can get an opportunity to enter at low level.
with stop loss at today's low.
I fear to post in trading view.
One of my post of 5 th august has been copied.
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Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.