Nifty : Probable Correction On Completion of Top at 'D'

已更新

Dear All , Nifty is Forming A Channel from Last 4 Months And By Following the Channel And Applying Wave Theory on It , We can find that A Correction is Likely to be Seen Here . On Second Chart of Nifty , The Price is Resisting Near the Upper Band which indicates A Correction in Near Term ... So Better to Wait for A Correction And Buy Good Mid-Caps And Small-Caps on 20-30% Discount ... Strategy for Nifty is :

" Short At 10,775 For T1 : 10656 , T2 : 10504 T3 : 10440 With SL At 10850 "

Please Consult Any Technical Advisor Before Making Any Position ... Good Luck !!!

交易進行

Fell After Touching Mentioned Levels ... Open Interest is Rising while Nifty is trading in Discount ... Best Opportunity for A Corrective Move ... All Followers , Get Ready ... :)

交易進行

Formed the Top ... Time for A Correction ... :)

交易進行

As Indicated Earlier , Nifty formed A Top and Correcting as well ... Better to Avoid Fresh Entry ... :)

交易進行

Carrying the Stop-Loss at 10838 Levels And Still Nifty is in Corrective mood ... Rising Wedge Pattern is Obtained from Daily Charts ...