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Click Here: NSE NIFTY, TITAN & DALBHARAT Wave Analysis
Will NIFTY continue its bearish momentum?
NSE NIFTY was looking weak in the daily timeframe chart. It was preparing for a retracement to confirm its trend. SGX was also giving a bearish signal.
9:15 AM: Nifty opened at 17149 and made a low of 17064. It touched our final level of 17075.
Everything happened as expected. Further information will be available for subscribers only. (To become a subscriber, subscribe to our free newsletter services. Our service is free for all.)
What do you think about NSE DALBHARAT?
It was a setup of DALBHATAT. The first target got hit in just 4 minutes.
I had mentioned clearly,” Traders must wait for the break out of the range 1520 – 1540. If the price sustains below 1520, traders can sell for the following targets: 1507 – 1490 – 1481.”
- 9:15 AM: Price opened at 1504 and made a high of 1520.
- 9:16 AM: Price was above 1520 and started falling below 1518. It was a good entry point.
- 9:17 AM: Price Made a low of 1512.
- 9:18 AM: Price reached our first target of 1507 and made a low of 1504.
I will update further information soon.