Your analysis is good but i think fall wont happen unless new high is made or flushed once its done...we can see a great down move of minimum 600 pints in two parts.
nvengadesan
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India VIX rised by more than 10%...is there any siginificant fall within this week??
dhinesh_kumar
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@nvengadesan, I expected today itself, but as Market is Supreme it behaved differently. Tomorrow once both nifty and banknifty breaks today high (I expect in open itself), it may fall as suggested in the analysis.
deeptigulati1983
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@dhinesh_kumar, sir hopefully with today's high last wave is completed and tomorrow we can see some good trade with our patterns
Parasuram
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200 point down move and up move same day?
dhinesh_kumar
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@Parasuram, I didn't mean on same day. I expect fall may happen today itself. The upmove may take 1-2 days