SP500 / US500 has been all messy & choppy -if upside rally stops in 3450-3475 then we expect down move with initial halt close to 3300 level & dropping further can take it to 2935-2950
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NASDAQ 100 - Head & Shoulder at the top-12440 High ( Bearish Outlook)
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MCX Gold - Triangle Evolved into Ending Diagonal (Possible Scenario)
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https://www.tradingview.com/chart/GOLD1!...
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India Nifty Market Commentary
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India Nifty was struggling to move above 11900 post-gap-up move & whole of the session was all up before dropping sharply in last hour might be showing its intension that domestic & global markets all may get ready for a move towards south.
India Nifty has moved up recently as X-Wave (10790 to 11905) -looks like an irregular correction & could be heading down in Wave-Y if holds below 11870/11880 zone
India Nifty -Last Idea Published
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NASDAQ 100 - Head & Shoulder at the top-12440 High ( Bearish Outlook)
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MCX Gold - Triangle Evolved into Ending Diagonal (Possible Scenario)
----------------------------------------------------------------------------------------------------
https://www.tradingview.com/chart/GOLD1!...
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India Nifty Market Commentary
-----------------------------------------
India Nifty was struggling to move above 11900 post-gap-up move & whole of the session was all up before dropping sharply in last hour might be showing its intension that domestic & global markets all may get ready for a move towards south.
India Nifty has moved up recently as X-Wave (10790 to 11905) -looks like an irregular correction & could be heading down in Wave-Y if holds below 11870/11880 zone
India Nifty -Last Idea Published
Best Regards,
Abhishek H. Singh, CMT
Growth Director - TradingView India
YouTube Channel https://www.youtube.com/channel/UCYcnYveYBNLD-Qp54hvZogw
Twitter Handle
https://twitter.com/TalksWave
Telegram Handle
(Deleted)
Abhishek H. Singh, CMT
Growth Director - TradingView India
YouTube Channel https://www.youtube.com/channel/UCYcnYveYBNLD-Qp54hvZogw
Twitter Handle
https://twitter.com/TalksWave
Telegram Handle
(Deleted)