Sharp Fall is Expected in Natural Gas. As it has taken resistance at rising trend line on Weekly Charts.
Historically NG forms Rounding bottom formation and now it completed its cycle.
see charts for detailed analysis about the 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...
ADANIPORTS | An Early Attempt to Capture the TOP
ADANIPORTS gave a Rock On performance as published on 13-JAN-2021 | | Currently trading above final target of 729 | What Next ?
Week starting 22-Mar-2021 is 52nd week from an important low of 203 formed on 23-Mar-2020 | Yearly Time Cycle | Could be a potential reversal zone
More precisely, 23-Mar-2021...