What is your logic and analysis on this 'heading south' comment? I think it is in correction and it can go up anything for another UP move atleast to 600 + levels as per my wave analysis. AND, I can be wrong, as I might be missing some point/s..
Would appreciate your reply with details. Thanks.
SunilDhawan
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@richie.Chauhan, if it fails to sustain 370 on weekly closing then be ready to see 330 in few weeks to come. I track price movement only. no pattern no indicator.
I am also learning, so could be wrong to enhance my knowledge.
butterfly87
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@richie.Chauhan,
hi regarding above analysis, if u do fib retracement from 265 to 598, 78.6% come to 334. so thats important support if 359 is broken.
SunilDhawan
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@butterfly87, i am not following fib here.....if 370 is broken then it's ON
butterfly87
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@sunildh20,
okay..
JyotiSahoo
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@sunildh20, 373..that is a support line..dont see weekly chart. see daily.
Would appreciate your reply with details. Thanks.