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I have mentioned clearly, “The falling prices will pause at 151.50, which is the sub-corrective wave 4 of the lower degree. If the price sustains below 151.50. traders can sell for the following targets: 146 – 142 – 135. We are out of the market in case of opposite move.”
I have written clearly,“Bear traders can benefit from the weakness of the security. If the price sustains below 1103, traders can trade for the following targets: 1086 – 1072 – 1058+.”
Timeline:[06 March 2023]
12:15 PM – Price touched the first target of 1086.
[08 March 2023]
09:15 AM – Price hit the second target of 1072, and made a low of 1069.