Daily time frame nifty 1. 50 percent retracement of current upmove completed 2. Near lower channel support 3. Filled imp Gap 4. Extreme negative social sentiment with extreme negative Market Breadth with oversold indicator reading. 5.wait for Any reversal to confirm the Bottom 6. Exit short wait for long signal. 7. Looking for completion of Wave 2 of wave 3 of 3.
Nifty fallen more than 600 pts this week. Now questions is wheather this is short term correction with in ongoing Bull market or we are completed a corrective pull back and ready to fall below 15k. Now take Bull case Nifty completed 50 percent retracement of current upmove. Fill the gap around 17800. Nifty 50 and 500 stock below 20 day and 50 day MA around 6 to...
1- monthly time frame is showing negative divergence with complete impulsive wave count. no conformation of reversal 2- weekly time frame if my traingle count is right then we are near the end of correction. or previous low was wave 2 then we may advance in wave 3 3 daily price broken out from double bottom rectangle pattern and retracing 4 hourly time...
1 MONTHLY TESTING LOWER TREND CHANNEL SUPPORT 2 WEEKLY TRIPPLE BOTTOM 3 DAILY POSITIVE DIVERGENCE 4 HOURLY FALLING IN DOWN TREND CHANNEL
1. MONTHLY TESTING LOWER TREND CHANNEL 2. WEEKLY 61.8% RETRACEMENT OF PREVIOUS ADVANCE 3.DAILY HIGHER HIGH CORRECTIVE PULL BACK TESTING BREAKOUT SUPPORT 4.HOURLY 61.8% RETRACEMENT OF PREVIOUS UPTREND
1. IN MONTHLY TIME FRAME PRICE TESTING THE BREAKOUT SUPPORT AS WELL AS TREND LINE SUPPORT. 2. WEEKLY TIME FRAME PRICE IS IN OVERSOLD AND POSITIVE DIVERGENGE. 3.DAILY TIME FRAME MADE A HIGHER HIGH THEN CORRECTIVE PULL BACK 4.HOURLY 61.8% RETRACEMENT OF PREVIOUS ADVANCE
1-MONTHLY TIME FRAME SHOWING COMPLETE DOUBLE ZIGZAG CORRECTION W X Y OR IN THE FINAL STAGE OF THAT 2 WEEKLY SHOWING LEADING DIAGONAL WAVE A OR 1 AND CORRECTIVE DOWN WAVE 2 OR B LOOKING FOR WAVE 3 ADVANCE OR WAVE C ADVANCE 3 DAILY WAVE 2 OR B IS IN FINAL STAGE IF I AM ON THE RIGHT TRACK 4 HOURLY PRICE IS SLIGHTLY ABOVE FROM ITS MINIMUM RECTANGLE TARGET THERE IS...
monthly shoulder head shoulder and conform reversal candle. weekly false breakout of trendline daily trend is down forming lower low hourly lower top lower bottom
1 monthly near high 2 weekly high daily high hourly corrective consolidation