In the current scenario, 1 possibility exists:-
- 1st done fm 16828 – 18459; 2nd wave done @ 18060; 3rd wave unfolding, “Holding 18000“
“A” @ 18888 – 16828; “B” done @ 18459, “C” unfolding, Keeping below “18400“
For the Day: Nifty remains “UP” till above 18475
CPR @18603-611(8); Week CPR @ 18344-447(103);JNSAR @ 18326
For ST traders, the Hour Trend indicator(MACD): is a great tool to initiate, hold & to exit positions.
Trade plan:
- BULLS: Last rise retracement @ 18560-575 must hold for higher targets of 18675 & 18725
- BEARS: Pivot table’s Resistance @ 18620-635 must resist for lower targets of 18550 & 18500
Learn to count 1,2,3,4,5 & a,b,c & its repetitions “n” of times in stocks & indices with.. Frost and Prechter’s book “Elliott Wave Principle”- a free online version of the book is available here – the link. &l bit.ly/2Zj9v3W Continue reading “Nifty remains “UP” till above 18475″
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