It is a misunderstanding that TA is not worthy for trading. But TA is the only tool available for traders who makes huge profits without any FEAR or HEDGING.(Multiple combination of Calls&Puts) My chart showing that the recovery in NIFTY (wave 'XX'/B) is nearing its completion on 05/01/2022.(as per NEO wave TIME cycle). Bearish TL connecting wave ''B'' and wave ''X'' will give a greater resistence to NIFTY .
PUT writers think that new Bull wave started in 2022, but the story is different . As I believe NEO wave analysis strongly, I bet that NIFTY will not make a NEW WAVE rather it will start its bearish trend from 05/01/2022
REMEMBER next is wave ''C'' to resume , Which is a Classic 5 legged Elliott Wave pattern with more price movements ,good for OPTION BUYERS First target of wave''C'' is 16470 (62% OF WAVE ''A'')
B SELVAM,BE,MBA OPTION BUYER & COACH
Comment
⋅
Trade active
⋅
A day after expiry is to create more short positions, (wave B ) Novish traders think as usual bullish and took more positions But trading is a game of cheating , Retailers NEVER understand or accept what's going on
@DesertFox95, Patience is mooooost important in trading
DesertFox95
⋅
@selvamgeetha, yes bro. I was patient for a week to only see that Nifty broke your 17800 resistance to close at 18255 today. Ultimately your bear idea not working.
selvamB
⋅
kicking before you realise is the game of trading,lets see next week bro