IF WE SEE THE WEEKLY CHART OF NIFTY. THERE IS LONG LEGGED
DOGI FORMED IN WEEKLY PRICE MOVE. NIFTY IS RESPECTING THAT TREND LINE WHICH IS
DRAWN IN THE CHART. THIS PATTER HAVING CONFIRMATION OF NEXT CANDLE (STRONG
VOLUME+RED CANDLE).
SO IF YOU THINKING ABOUT LONG YOUR POSITION THEN WAIT FOR
BREAKING THE LEVEL OF 5420-30 AND SUSTAIN ABOVE THAT LEVEL.
NIFTY IS COMPLETED HIS JUST 50% RETRACEMENT. BUT ALL ARE TALKING ABOUT BULL RUN. THIS IS TOTALLY CLEARING ABOUT OUR PHASE. YEAH PRICE STILL HAVING UP SIDE TO 5640-60(38%).PRICE IS HAVING GOOD SUPPORT AT 5218.
WHO ARE THINKING THAT THE NOW MARKET IS BOTTOM OUT THOSE PLEASE SHOW ME THE (a-b-c). RETRACEMENT WAVES ON GRAPH. SO THIS UP MOVE CAN CONSIDER AS b WAVE.
PRICE COMPLETED 100% FEBBC TIME RETRACEMENT (4-11 TO 23-12).
SO AT LEAST CORRECTION IS EXPECTED.
