Friday, October 26, 2018

Nifty wave count

Nifty indeed looked to me as 4th was on and till the gap at 10800 remained open 
it was giving confidence .My last post nifty wave count

Lets see the present structure .

Looks to me we are in 5th of the impulse down which started from all time high,The fall looks quite laboured as we are drifting down.Positive divergence is visible in RSI.Monday would be a interesting day.Any fall to 9980 or below looks to me could attract lot of buying .Afalling wedge like structure is visible in lower tf .


Unknown said...

Perfect as ever Sirji

Unknown said...

Thanks sir for sharing

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