pranayminsu

pranayminsu

pink dots on resistance line are showing a fall to major trendline shown by orange line and blue line are nothing but a fall to support line then it forms a triangle ...... then broken down to support line it has repeated twice and expected tomorrow STRATEGY :- if tomorrow it falls and touches major trend line then go long upto 14700 IT MEANS IT IS...

pranayminsu

as you can see the chart it has completed its 7 waves and now it may show a big fall ---------------------------------------------------------------------------------------------------------------- below 153 it looks very weak -------------------------------------------- keep stoploss and trail it if you are going to short this.... ------------- thanks..

pranayminsu

last i gave the trade of 300 points after the breakdown of triangle you can see the 5 movement of nifty which were impulsive and now it is in corrective 8th wave and it has also formed a triangle after breakdown we can see here a good fall thanks.....

pranayminsu

so safe trader should exit now and enter again if it breaks 220-2300 lvl in weekly time frame ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- so much compression is there and it is going to bump with supply zone where so many selling...

pranayminsu

accumulation zone _____ ----> broken buying lvl 1071 sl - 900 safe trader buy above 1100

pranayminsu

it may show a good rally 3000-4000 points

pranayminsu

in last chart i have written it as HEAD AND SHOULDER =========================================================== But here it has formed a running triangle of 3-3-3-3-3 ...

pranayminsu

this is going to show an awsm move ... as 1st cycle of wave has completed so it is moving for 3rd wave ____________________ buy now hold it for 6-7 month ____________________ thanks...

pranayminsu

same pattern formed in nifty 2-3 day ago..... -------------------------------------------------------- as expected it should also start to fall now -------------------------------------------------------- ------------------------------------ thanks ------------------------------------

pranayminsu

sell @ entry point and exit with apprx. 300 point @ given target with stoploss of 50-100 points. ------------------------------------------------------------------------------ a triangle has formed in nifty . entry nd exit are given in chart . ----------------------------------------------------------------------------- ------------ THANKS -----------