5648 Monday view (14.2.2022)
Reason for long on monday
a) The probability of gap down opening on monday, from there, it may touch towards big round number (17000).... The probability view is 40%.
b) small pull back from 17000 to 17300 is possible small swing .....
c) Another possibility is heavy selling from 17000 to 16700 till monday 3.30 PM, which may turns a rapid Wave 3 progression towards 16000 by this month end.
d) Time cycle also signifies some what buying at lower level as pull back.
SL compulsory
Long from 17000 to 17300 on Monday...
a) The probability of gap down opening on monday, from there, it may touch towards big round number (17000).... The probability view is 40%.
b) small pull back from 17000 to 17300 is possible small swing .....
c) Another possibility is heavy selling from 17000 to 16700 till monday 3.30 PM, which may turns a rapid Wave 3 progression towards 16000 by this month end.
d) Time cycle also signifies some what buying at lower level as pull back.
SL compulsory
Long from 17000 to 17300 on Monday...
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