NIFTY IS FOLLOWING A CONTINUATION IN THE PRICE PATTERN, ONLY THE PRICE RANGE SEEMS TO BE INCREASING.
1. FIBONACCI PROJECTION SHOWS THE FALL FROM 6284 TO 5966 RETRACED 38.2%, TESTED THE BOTTOM, RETRACED ALMOST 100, ONLY TO FALL 138.2% TO 5690
2. THE SAME PATTERN WAS REPEATED FORM 6338 TO 5690 TO RETRACE 38.2% @ 6069 AGAIN TESTED THE NEWLY CREATED BOTTOM , ALMOST REACHED THE TOP BEFORE FALLING 138.2% TO 5177.
3. WILL NIFTY REPEAT THIS PATTERN AGAIN?????
IF SO THEN NIFTY SHOULD REACH 5680 ODD LEVEL BEFORE FALLING. THIS ALSO COINCIDES WITH OUR EW WAVE 4 TARGET, POSTED UNDER WEEKEND ANALYSIS.
WILL POST DETAILED ANALYSIS ON THE ABOVE OBSERVATION AS THE PRICES UNFOLDS.
1. FIBONACCI PROJECTION SHOWS THE FALL FROM 6284 TO 5966 RETRACED 38.2%, TESTED THE BOTTOM, RETRACED ALMOST 100, ONLY TO FALL 138.2% TO 5690
2. THE SAME PATTERN WAS REPEATED FORM 6338 TO 5690 TO RETRACE 38.2% @ 6069 AGAIN TESTED THE NEWLY CREATED BOTTOM , ALMOST REACHED THE TOP BEFORE FALLING 138.2% TO 5177.
3. WILL NIFTY REPEAT THIS PATTERN AGAIN?????
IF SO THEN NIFTY SHOULD REACH 5680 ODD LEVEL BEFORE FALLING. THIS ALSO COINCIDES WITH OUR EW WAVE 4 TARGET, POSTED UNDER WEEKEND ANALYSIS.
WILL POST DETAILED ANALYSIS ON THE ABOVE OBSERVATION AS THE PRICES UNFOLDS.
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