If it is a combination of "abc-x-abc", it may bounce well. If it is a 5 wave structure, it may fall again after a brief bounce.
Retracement strategy, a must for traders.
Trading strategy that works wonders besides the supports & Resistance is " Retracement strategy ": The strategy that has wor...
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I 'll always be there for you. To make you feel that you're secured. And even if the rain is pouring hard and the sky is almost dark... -
5010-5039 supply zone proved a ST resistance. 5002 proved a break down point. 4945 to 4982 proved a corrective rise, monitored with an ... -
Trading strategy that works wonders besides the supports & Resistance is " Retracement strategy ": The strategy that has wor...
3 comments:
GR8 levels Ilango....lets see how long it will go up....Thanks
Next target Ilango...excellent analysis :)
Hi..Rishi,
"4949" is Day Low ema and 4959 is weekly ema..That is the best Nifty might do today but selling should emerge soon.
That is a simple reading of the markets.. They do surprise us now & then.
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