Hi friends,
Had posted during market hours,Had expected fall after intra high.
Fall came but not till 6020-30,Check the afternoon post Nifty index.
Lets look at the chart now.
Right now nifty is resting
on lower trendline of the
squeeze ,Tommorow the
squeeze should break
need to see which side it
breaks ,Labeling waves
become a very tedious
job when the range gets
squeezed.So idealy
below 6055 we should
head for 6020-30 and
above 6085 we should target 6100-6130.
Regards
Rish
Had posted during market hours,Had expected fall after intra high.
Fall came but not till 6020-30,Check the afternoon post Nifty index.
Lets look at the chart now.
Right now nifty is resting
on lower trendline of the
squeeze ,Tommorow the
squeeze should break
need to see which side it
breaks ,Labeling waves
become a very tedious
job when the range gets
squeezed.So idealy
below 6055 we should
head for 6020-30 and
above 6085 we should target 6100-6130.
Regards
Rish
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