Educational purpose only :
Reversal point for Market fall (high probability )= 1640- 1660 levels. Wave level mentioned wave5= w1=0.618 of w3
Extreme reversal point = 1710 level...( Low probability).
Wave (5) will be termination happen very soon...
Another confirmation was momentum had decreasing wave 5 formation.....
Divergence also confirm the termination........
Reversal point for Market fall (high probability )= 1640- 1660 levels. Wave level mentioned wave5= w1=0.618 of w3
Extreme reversal point = 1710 level...( Low probability).
Wave (5) will be termination happen very soon...
Another confirmation was momentum had decreasing wave 5 formation.....
Divergence also confirm the termination........
Trade active:
PVR start falling 1660 level .
trading is active sell with stoploss
trading is active sell with stoploss
Trade active:
Market was fall more than 7% after posting this chart... Now trading was active Wave C projection has mentioned in the new chart .... Wave C projection 5 wave move give more falling market..... Try in your trading with stoploss
Comment:
Price = 40₹ to 102 ₹ strong rally
