50% retraced 4th wave - 8957
61.8% retrace 4th wave - 8741
Wave 1 and 2, both connected parallel chance for finding 4rth wave. Intraday support 9100 nearby.
Short Sellers: first target 8965-8935 after breaking down the channel.
Next long position Trade Setup have two option :-
Buy 8957nearby with minor stop-loss and,
The price trade under the "sleepy channel" in where price has low momentum target 9596 if continue trade 9200 above.
unsafe 8915 - free fall if price trade below it.
Nifty is still trading into trending channel.
Minor trend-line R 9491 - 9509
The over-consumption has been upper bound of value area, therefore chance to over-consumption at lower bound.
There is no overparticular resistance 9500+.
This is " Common Gap " price is not going to break support...
NSE:NIFTY is making overlapping moves. Idea is to stay patient and wait for breakout.
From current price action, NIFTY is all set to break out of 9400 tomorrow. I have sold calls, which will be in loss. But considering the market is consolidating, I am willing to take the risk of keeping those calls.
Based on my "xRWave-Blaster" predictive trading methodologies, its going to be a GREEN candle on 14-Jun-2018 for TATACOMM
Buy Above(5Min candle close): 610.3 for targets -
Note: These calls are based on my own analysis. It may or may not work well for you.So please carefully consider whether it is suitable for you and...
Based on my PredictiveSystem's signals, its going to be a GREEN candle on 07-Jun-2018 for IBULHSGFIN
Buy Above: 1183.1 for targets -
Note: These calls are based on my own analysis. It may or may not work well for you.So please carefully consider whether it is suitable for you and please do your own research before...