nifty chart 20th dec

Hi friends,
                     Iam expecting the fall from yesterday to be forming a b wave
if 6125 holds i expect the following action given in chart .

Regards
Rish

Reliance capital chart

Hi friends,
                   Revisiting old post on reliance capital,Iexpected max 410-420 and a fall in that
see the old post Reliance capital .
What happened we saw stock went on to make a top at 407+ and fell sharply after that presently
trading at 343+.
Technically as had told in old post abcde was anticipated and same happened it did the e leg
and fell back ,Now 333 range is a good support looking for a bounce back from these levels

Sit back and see the reaction of price to these levels to decide further move.
Regards
Rish

Nifty 19th december

Hi friends,
                   A bounce was expected from 6100  levels it bounced from 6125 levels its
understandable ,The levels to watch on upside would be 6237,6271and 6305.
So trendline support held so the squeeze continues,This squeeze has contracted the price considerably.

Regards
Rish..

Nifty 18th december

Hi friends,
                   Nifty is falling slowly for last 6 trading sessions.Strong support zone comes at 6100-6080
region ,If its held looking for a upmove else below this range fall can escalate,I m looking for a hold
of this range.

Regards
Rish