- The left side to the right, each excess, have tails before the turn. You can see with both eyes at excess(f) has started to create TAIL which is -ve for long and indicate for reversal of the trend.
- With Time Cycle analysis, 1st-phase has 43 bars and 2nd-phase and 3rd phase till continue.
- Turn on your eye on volume, it’s reducing.
Prev. Resistance is at 2194.5, so seller and profit booking can be seen that time with a TAIL.
Short sellers have two points of target, one Control Price target 2117 nearby and prev. Strong support at 2051.
Are you looking for NSE paid calls? Want to get premium trading alerts and unlimited access to Moneymunch? Join today and start potentially multiplying your net worth: Premium Stock & Nifty Tips
Premium features: daily updates, full access to the Moneymunch #1 Rank List, Equity Research Reports, Focus List portfolio of 50 longer-term stocks, Premium screens, and much more. You will quickly identify which stocks to buy, which to sell and target today΄s hottest industries.
Have you any questions/feedback about this article? Please leave your queries in the comment box for answers.