The rally from ~7950 to ~8950 has taken 50 bars / 75 days and the fall from ~8,950 to ~8,000 is in equal time cycle. Relative Strength Index is trading at 2016 lows suggesting reversal on cards.
I am expecting the reversal to take place either today or tomorrow.
The setup would fail if Nifty closes below 7,900. The major trend change level would be only above 8,600.
I am expecting the reversal to take place either today or tomorrow.
The setup would fail if Nifty closes below 7,900. The major trend change level would be only above 8,600.
交易進行:
評論:
Breaks 6 days lower low spree on 50th bar...Hoping to turn the tide.
評論:
Hey Nifty, Keep Going...Everything you need will come to you at perfect time ;)
評論:
Bulls are bang-on target....
