As pointed out in previous post nifty we had over trade of 60-100 points
The present scenario looks like we are reaching the ceiling of this local impulse range for
this 5th up of the local impulse would be 5180-5250 ,Traders need to watch this range
If sharp fall is seen after attaining these levels we may be in process of making an abc of
the local impulse,Give time to nifty and react accordingly.
Watch that range ,Will update further when required.Regards
Rish
RESEARCH REPORTS
The fall has come from 5180+ level
ReplyDeleteMost probably "a" wave down from 5180
ReplyDeleteWhat is the target for "a" wave ?
ReplyDelete5080 is an important level one more day trade and things would be clear about abc structure and target as today the last hour rise from 5100-5150 confuses a bit though it got fizzled out in the end.
ReplyDeleteHave been observing over some analysis made over last couple of weeks.. Rish is amazing in terms of accuracy % that is mentioned.. I m zapped! Keep up the good work.
ReplyDelete- Samsonite
Hi Samsonite
ReplyDeleteAt times we get lucky :)
fall today to 5063...what is the target now ?
ReplyDeleteExpect a corrective up will be posting the chart in some time
ReplyDeletegood
ReplyDelete