The validity of this chart remain true below todays high.
This looks like a) wave upside and heading for b) wave downside and then an upward move may come for c) wave. This is just a view...no buy sell reco.
Pls follow your own analysis for any trade/investment.
Regards
FINNIFTY after a series of up sharp down moves is headed towards the zone where an earlier gap was not met. From my recent experience, gap up and gap down are always filled back either in the short term or a while after. Here we see FINNIFTY heading back to the unfilled zone which lies between 21305 to 21285.
After a heavy downfall today, the index formed a...
Highest EPS Sept Quarter of 26.4 from Rs 24.2
Riding high the Credit Boom for NBFC's.
technicals:
1. 45% Trendline
2. 50/100/200 DMA support at current levels ( divine intervention)
3. Momentum INdicators Oversold.
I have drawn many things in this idea, stay with me till the end, and I will clear you.
first, let me talk about the future trend(because based on that and my prediction I have drawn the rest drawings), the future trend is the dark black line(drawn both support and resistance). the trend is based on the markets getting consolidated and its reaction shown by nifty...
