If nifty goes upward u should buy it... If nifty goes downward u should sell it. It is the area of edge with breakout confirmation....take the trades don't be in a hurry to buy/sell. It's a patience game...
Yesterday Nifty 50 gave us a BREAKOUT.. And it turned as a FAKEOUT today....
We should train our brains to go with the trend either it is short term/long term... Anything can happen in the market either downward move/upward move... Be ready to go with whatever happens. But u should not be a conflict to "what is ur estimation and where the market is really going... These both are should be in harmony... Then only u will be in track......
Expectation of nifty in the chart shown above...but see what will happen in reality This is my perception about nifty... Don't think it will happen exactly... If u like my idea u observe it otherwise don't.
History of greatest falls of NIFTY 50 In a nutshell using GANN FAN Gann fan is to be drawn at a low point with an angle of 45° 1/1 should be at the 45° line. Nifty has followed with support and resistance... Nifty has said last bye to bulls at 18350 on 18/01/2022...and welcomed bears with Russia-ukraine crisis it has confirmed... As per my view
Will see which side it will break..... We don't expect market to break upside or downside we should confirm the breakout and have to follow the market We have to follow the direction of the market
Will nifty follow Bullish butterfly pattern......????
We expected nifty will go upto 17800 but in reality market came down A Coin has its two sides.... So tge maket tooo... Still bullish if 16400 range is not broken💔
Broken 17520 and got retest... Now it's heading towards 17800. If 17800 broken nifty will go upto 18200 in a week
17520 broken if it sustains when came to retest the same level then the target is 17800-18000
First elliott 1-2-3-4-5 fib ratios 0-1(0.618)will get 2 1-2(3.16) will get 3,3-4(1.618) will get 5th wave Second elliott also same