Likely we are travelling in B-Wave from 1449 top- which has completed A-Wave@1155 lows- Now we are travelling into B-Wave which is incomplete looks like it will subdivide itself into smaller a-b-c move.
Trading opportunity
There is flag forming -once it moves above 1250 -one can take 61.8% distance of the pole which is shown as blue line before flag as a target or equality target of that pole.
61.8% comes to the zone 1270-1275 & equality distance comes to 1300-1310
Regards,
Abhishek H. Singh, CMT
Trading opportunity
There is flag forming -once it moves above 1250 -one can take 61.8% distance of the pole which is shown as blue line before flag as a target or equality target of that pole.
61.8% comes to the zone 1270-1275 & equality distance comes to 1300-1310
Regards,
Abhishek H. Singh, CMT
Trade active:
10:53 Hrs 27th Sep2016
Eventhough 1250 has been taken out & makes a high 1251 - Likely Prices should sustain above that level to show us upside direction or it will likely trouble all bulls for time being.
Eventhough 1250 has been taken out & makes a high 1251 - Likely Prices should sustain above that level to show us upside direction or it will likely trouble all bulls for time being.
Trade active:
10:22 Hrs 28th Sep2016
Day's High- 1268.45
Above 1250 -Yes Bank Sustains -Almost Kissed our 1st target zone 1270-1275
Day's High- 1268.45
Above 1250 -Yes Bank Sustains -Almost Kissed our 1st target zone 1270-1275
Trade active:
13:07 Hrs 28th Sep2016
Trading@1270
Likely Post 1st Target Zone of 1270-1275 - It will retrace - Need to check what kind of movement is it? So I will close all positions & monitor its price action
Trading@1270
Likely Post 1st Target Zone of 1270-1275 - It will retrace - Need to check what kind of movement is it? So I will close all positions & monitor its price action
Best Regards,
Abhishek H. Singh
Growth Director - TradingView India
YouTube Channel www.youtube.com/channel/UCYcnYveYBNLD-Qp54hvZogw
Twitter Handle
twitter.com/TalksWave
Telegram Handle
(Deleted)
Abhishek H. Singh
Growth Director - TradingView India
YouTube Channel www.youtube.com/channel/UCYcnYveYBNLD-Qp54hvZogw
Twitter Handle
twitter.com/TalksWave
Telegram Handle
(Deleted)