Expected target of overlap at 5604.85 min not done and nifty lost it momentum and divergence which was clearly appearing in 2 mins charts between c.iii and c.v...
I was disappointed as it failed to overlap and there is not divergence between a and c marked in 2 mins charts.. yet nifty declined....
Though i am not convinced with it.. i am posting it to you where i failed to identify the end so my friends i expect a reply from u....
Move from 5603 to 5487 is not appears as impulse and another corrective...
(a) done.. 1 min chart made lower low.. yet (b) and (c) are pending...
(b) can bounce to levels of 5555-60
(c) again will go below 5487 to complete pattern....
End of this downmove likely we will get positive divergence on 30 mins with buy signal....
I was disappointed as it failed to overlap and there is not divergence between a and c marked in 2 mins charts.. yet nifty declined....
Though i am not convinced with it.. i am posting it to you where i failed to identify the end so my friends i expect a reply from u....
Move from 5603 to 5487 is not appears as impulse and another corrective...
(a) done.. 1 min chart made lower low.. yet (b) and (c) are pending...
(b) can bounce to levels of 5555-60
(c) again will go below 5487 to complete pattern....
End of this downmove likely we will get positive divergence on 30 mins with buy signal....
No comments:
Post a Comment