Out of two probabilities posted yesterday, morning opening bell tick below 5843 ruled out Expanded flat pattern probability.
Alternate probability holds valid till this time....
Though Nifty made lower low than yesterday low, but positive divergence on 5 mins positive divergence expected is not completed...
So this still triangle d story continues...One more lower low required to complete the pattern....
Alternate probability holds valid till this time....
Though Nifty made lower low than yesterday low, but positive divergence on 5 mins positive divergence expected is not completed...
So this still triangle d story continues...One more lower low required to complete the pattern....
Monday Trade plan/ Budget week plan:
i) Initiate long with sl 5835.50 for targets upto 45+ pts from end of (b)...
ii) Initiate short with sl 5901 for targets below 5835.50 wherever this upmove end b..
iii) Initiate long below 5835.50 for targets above 5970+
No comments:
Post a Comment