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Litecoin has entered into the corrective phase of the Elliot Wave Pattern.
Wave A began yesterday with the bears taking control of the market and the market suffered a major drawdown.
The downtrend is going to continue all the way down until it finds support around the 50-day moving average at a price of about 37.29. This can be a good entry point for going long....
BnF has reversed from the .78 fib retracement in a classic channel.
It is all set to touch the support of 25400.
With the last election budget coming up, this doesn't seem far. A massive sell-off is enough.
HDFCBANK doesn't convince me this recent rise and I'm looking to sell HDFCBAN below 2100 levels. Here is my video Analysis on why I feel NSE:HDFCBANK should move and what kind a position should be taken.
Action makes more fortune than caution.
'A Slience before the Tsunami'
The current move explained through video Analysis. This slow upward movement is an indication of something bigger should be expected from the market.
“If you spend your whole life waiting for the storm, you’ll never enjoy the sunshine.”
— Morris L. West