First of all let me cleat that the view is completely for educational purpose.
My view can always go wrong. Just take my ideas as a learning, don't trade...better just observe.
I am sharing Nifty chart on 2 Day time frame.
My view is that we still have some downside pending as per what I can see on the charts.
Charts been shared with you..as always I am using XABCD Pattern here.
To get this XABCD activated we have to first wait for nifty to start trading below 17200-17166 levels.
This is the most important part because otherwise the whole idea and this XABCD will not be considered activated.
Second important level is 16750.
If Nifty slips below 16750 then the final destination will be 16200-250-300.
At this point of time SGX and other world market is trading positive..but I still believe that tomorrow will have a gap down opening.
This is only on basis of my knowledge and belief...Trust your knowledge.
Happy dashera to all.
My view can always go wrong. Just take my ideas as a learning, don't trade...better just observe.
I am sharing Nifty chart on 2 Day time frame.
My view is that we still have some downside pending as per what I can see on the charts.
Charts been shared with you..as always I am using XABCD Pattern here.
To get this XABCD activated we have to first wait for nifty to start trading below 17200-17166 levels.
This is the most important part because otherwise the whole idea and this XABCD will not be considered activated.
Second important level is 16750.
If Nifty slips below 16750 then the final destination will be 16200-250-300.
At this point of time SGX and other world market is trading positive..but I still believe that tomorrow will have a gap down opening.
This is only on basis of my knowledge and belief...Trust your knowledge.
Happy dashera to all.
It is playing some complex structure which is the reason to see nifty with different views and aspects.
I have uploaded new analysis on nifty today...requested to please have a look on that too.
We still need confirmation to understand which one is actually into play.
As a trader we have to be flexible with our view and analysis because market is not moving as per our view....but actually we have to make or change our view as per market moves.
I idea is to make money whenever its going as per ur view.