NSE:TATASTEEL
Hi Everyone
This is an continuation update of our previous forecast. If anyone has any query feel free to ask me.
Thank You
Wave Forecast
Nifty metal Index now at 5770
Time Cycle 1 , Based on Fibonacci extension,,
Price wise the extension of 1.618% of last down swing have now extended to maturity levels,, ended this week,,
Price wise the extension of 1.618% of last down swing is around 5971 levels,, still 2 to 3% move is pending..
So price and time squaring around the same point in trend,, when ever...
National Aluminium Share has broken the resistance of 85, if you see in 15minutes times frame,
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So, the share tested this level multiple times, and Finally it is broken.
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You can see chart in weekly time frame after Rs.85.50 it had reached Rs.100 in the year between 2017-2018.
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So you can make the position once it cross 85.50.
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What's your view on this comment...
Metal index reached the resistance level 3 weeks before and now falling strongly. Try shorting the metal stocks which is on sell, leave alone the metal bull stocks !!!
