S&P CNX NIFTY INDEX FUTURESUpdated Nifty future
There is a MOST LIKELY HNS FORMATION ON NF CHARTS AS indicated. The down side target is indicated by the Black line at apprcc 16800-900 zone . Be careful. Breaking and staying below the Hourly PIVOT at 17637.... will be KEY
Note
BNF HAS MORE OR LESS THE SAME PATTERN. BE VERY CAREFULNote
HOURLY AUTO DETECT ON NF AND BNF SHOWS THAT THE WAVE UP IS DONE. AT MAXX.... MAYBE A FEW POINTS UP TO TAKE OUT ALL SHORTS. SO THIS BECOMES A POSITIONAL TRADE NOWNote
A CONFIRMATION TO THE DOWNSIDE ON NF BREAKING BELOW THE 61.8% RETRACEMENT OF THIS ENTIRE RISE/FALL
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