This chart is illustrates how nifty responses to significant investors. There are flag patterns, triangle and clear channel.
The “Control Price” tries to gravitate nifty value towards itself since 2007. Looking by attention, its was 3rd times to touch “control price” but eventually failed to cross it.
As per timeCycle and falling wave, nifty should not cross 11675 above if next target is 10000 nearby.
Let think oppositely, If nifty is going to toward control price again at 12400 above, it will cross and close 11675 level.
Option trade can boost your pocket (4x to 9x)
- Head and Shoulder Pattern
3 Pattern is found on daily chart and negativeness on nifty are still existed.
Look closely downtrend channel
Deeper picture of next nifty move projection with channel on daily chart.
Yes, at certain time your entry and exist action can increase your portfolio by three to five times (3x to 5x earning plan). Option trade can boost your pocket. More detail for subscribers…
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.