Markets are most probably tracing out a 5 wave corrective with each corrective internally divided as a ABC move. This means we can some big moves this month without the nifty achieving anything.
Clearly a day trader's market.
This means current upmove should stall soon followed by down wave retesting 8000 levels.
Let's see.
EOD charts:
Clearly a day trader's market.
This means current upmove should stall soon followed by down wave retesting 8000 levels.
Let's see.
EOD charts:
No comments:
Post a Comment