IS IT MAKING A TRIANGLE OR IT IS DOUBLE COMPLEX CORRECTION
SEE THAT RED TREND LINE IF IT GET BROKEN THEN IT WILL FALL TO 13800-13900
WHATEVER IS IT MAKING BUT A FALL IS COMING
TRGT - 1 ---->>> 14350
TRGT -2 ---->>> 13900 ( after break down of red trendline )
i will update if something changes...
check out the link given below you will find how...
Markets have been in a correction mode for 4 consecutive days and the probability of further downside is very high. This is a good strategy to use when the market is trending in either direction.
Use small sizes in volatile markets to avoid losses.
Continue with previous analysis. I was forgot to check the behavior of nifty in longer time frame. Currently nifty having to bounce back possibilities, one is Minor bounce back - it may bounce back from 7900 / 8250 and expected 9500 /9800. Another one is Last leg bounce level is 6900 / 7300
"Last leg level 6900 to 7300"