Can it be the same again ! !
Well the relief rally of yesterday gets confirmation today . Bang on 7840 NS . Still more to come . For tomorrow look for supports around 7760 - 7780 NS. A few of my friend's have in boxed me about how come 8527 - 8600 ++ NS this expiry . Well to their answers -- If the major Fifth Wave has got completed near approx 7500 - 7540 NS then the rise is minor 4th Sub-wave & theoretically the minor 4th sub-wave retraces the entire fall ( form approx 8600 + ) of major 5th wave in half the time hence the targets -- Lest markets are supreme and dynamic in nature and so are waves -- They are always Subjected to change with external climatic condition.
Regards the present NS is just Buy Buy and Buy ! ! Remain Long ! !
Have a Great Day ! !
Thank you @PT sir for leading the right way. My confidence start tumbling after my calls drop close to 50% which i bought last week.
ReplyDeleteNifty is now in uptrend for sure but just one question for support levels you mentioned (7760 - 7780) , do you think we may visit to these levels tomorrow? I feel some correction of today's raise might take place(because of reduced premium and decrease in IO).
Regards,
@hardeep -- Yes for intraday supports are 7790-7780 - and 7680 -- Try buying intraday at these supports --- positional supports are 7460 - 7440
ReplyDeleteThanks a lot Sir :)
ReplyDeleteregards,