Nifty todays move has opened two probabilities.....
Bullish probabilty:
Nifty 3 mins chart shows positive divergence between Y.a and Y.c... B.b might have ended. B.c will take upto 5971++....
Breach of 5770 confirms downmove temporarily ended and bounce can take to levels of 5815 and 5863 even 5971++..
Bearish probabilty:
Nifty doing ending diagonal from 5945...
i 5954.45 5815.20 139.25
ii 5815.20 5862.90 -47.70
iii 5862.90 5682.30 180.60 1.30*i
iv 5682.30 58** (5815.20 will be breached if ending diagonal in play)..
Bullish probabilty:
Nifty 3 mins chart shows positive divergence between Y.a and Y.c... B.b might have ended. B.c will take upto 5971++....
Breach of 5770 confirms downmove temporarily ended and bounce can take to levels of 5815 and 5863 even 5971++..
Bearish probabilty:
Nifty doing ending diagonal from 5945...
i 5954.45 5815.20 139.25
ii 5815.20 5862.90 -47.70
iii 5862.90 5682.30 180.60 1.30*i
iv 5682.30 58** (5815.20 will be breached if ending diagonal in play)..
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