Today nifty downward after 2.00 pm is little surprising...
As market is always right, as it broken prior low then market confirms our labels are wrong...
Bullish labels with C wave got ruled out.
So going with bearish labels..
iv.a: 5631.80 5718.40 86.60
iv.b: 5718.40 5624.40* -94.00 -1.08*a (already ended) (might not go below 5598)
iv.c: likely to do min 5718.40+ or 140pts from end of iv.b
After completion of ivth Nifty once again will dip below 5624.4...
As market is always right, as it broken prior low then market confirms our labels are wrong...
Bullish labels with C wave got ruled out.
So going with bearish labels..
iv.a: 5631.80 5718.40 86.60
iv.b: 5718.40 5624.40* -94.00 -1.08*a (already ended) (might not go below 5598)
iv.c: likely to do min 5718.40+ or 140pts from end of iv.b
After completion of ivth Nifty once again will dip below 5624.4...
No comments:
Post a Comment