Nifty view before a correction?
Monthly CPR is higher high. market scaling heights . next level of possible resistance is monthly R1. yesterday we saw range break out with initiative buyers entering the market. we also saw double distribution trend day forming and ending at psychological levels of 24800 and ~200 points in reach of monthly R1. My view is the trend will continue as initiative buyers are in the market. ABC wave also have fib extension of 100% ar monthly R1
Fibonnaci time based extenstion also showing by July 24th the C wave will be over. lets see if it forms
Fibonnaci time based extenstion also showing by July 24th the C wave will be over. lets see if it forms
交易進行
Market reached golden pivot zone. plan trade accordingly with your indicators. good time for a pick交易結束：目標達成
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