Conclusions:
1. The wave (G) is still not complete and the Nifty cash may be unfolding Contracting
Triangle OR Diametric from the end of wave (F).
2. Currently, wave (c) may be in progress of above mentioned Contracting Triangle OR
Diametric.
3. The wave (b) is a “Double Combination” pattern consisting of Zigzag and Flat. This
pattern should be retraced minimum by 61.8% and maximum by 80%.
4. The Nifty cash may move above 80% level (7801) since the expected higher degree
pattern is Contracting Triangle or Diametric. But in no case it should move above 7841.
5. If the anticipation of pattern inside wave (b) is correct then Nifty cash should not fall
below 7635 level.
6. One can go long in the range of 7695-7690 with stop loss below 7635 for minimum target
of 7760 and maximum target of 7801.
WHAT EVER YOU EARN FROM MY CALLS PLEASE GIVE 10% PROFIT'S FOOD TO COWS AND DOGS HELP THM GOD WILL HELP YOU-!!!
1. The wave (G) is still not complete and the Nifty cash may be unfolding Contracting
Triangle OR Diametric from the end of wave (F).
2. Currently, wave (c) may be in progress of above mentioned Contracting Triangle OR
Diametric.
3. The wave (b) is a “Double Combination” pattern consisting of Zigzag and Flat. This
pattern should be retraced minimum by 61.8% and maximum by 80%.
4. The Nifty cash may move above 80% level (7801) since the expected higher degree
pattern is Contracting Triangle or Diametric. But in no case it should move above 7841.
5. If the anticipation of pattern inside wave (b) is correct then Nifty cash should not fall
below 7635 level.
6. One can go long in the range of 7695-7690 with stop loss below 7635 for minimum target
of 7760 and maximum target of 7801.
WHAT EVER YOU EARN FROM MY CALLS PLEASE GIVE 10% PROFIT'S FOOD TO COWS AND DOGS HELP THM GOD WILL HELP YOU-!!!
Nifty closed on a positive note today. Traders can learn useful information about market by exploring posts like these. For earning good returns traders can make use of financial advisory services like trading tips and more while trading.
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