BALRAMCHIN has accomplished the corrective wave IV, and the price has started forming impulsive structure V. If the price breaks high of wave B, we can expect the following targets: for wave V.
If the price fails to break the high of wave B, we will wait for the pullback to enter. However, the breakout of wave B can be an intention that causes a new high, where demand pressure will exceed supply pressure. After accomplishing the final wave V, the price will start A-B-C correction.
We will update further information soon,
NSE Britannia Sellers Are Active In Widespread Against Buyers
Britannia has broken down the crucial support level of 3320. It is the metaphor of a bearish move.
Traders can sell for the following targets: Keep in mind that 3244 is a hurdle level where selling is a likelihood to start.
The invalidation point for subscribers is the high of the previous sessions.
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NSE NIFTY Is Has Started Forming Wave C
How many of you traded on NIFTY call?
Click Here to read the previous article.
I had written in bold words, “Price has completed the sub-wave (iv) of wave C. Currently, we are riding on the impulsive wave V of wave C. If the price breaks the low of wave iii, traders can expect the following target of 16110 – 15978 – 15856.”.
It has touched all targets, and made a low of 15711. If you have traded even a single lot of nifty, you must have got 13000+ profit in just 3 days.
NSE INDHOTEL Has Potential To Continue Bearish Moves
I have also said to sell INDHOTEL yesterday. Have you?
Yesterday: NSE COALINDIA & INDHOTEL – BEARISH OUTLOOK?
I had written, “If the price breaks down the pivot zone & parallel channel, we can expect a down move for
The first target of INDHOTEL of 180 had achieved yesterday. Will it touch the second target?