Finally found a high probable count. If this works out, then we are in bear market for atleast 6+ months.Technical confluence like RSI Divergence, double top, Resistance, supply zone, denial at median line, soon Moving averages will reverse and EW count all in favour of BEAR. Also Price almost tagged median line. I don't see any long opportunity until 10900-10700 range, if this range is breached we will loose buy side algo and market can test that 10k support or potentially even go further. Lol this could be trade of the year with 200 points only risk. Expect a Nuke soon fellas. This EW count may be wrong and if it is wrong please correct me. Thanks! Cheers Bears.
Commento:
Top is in Bulls.
Commento:
Can Nifty bulls accept new lows?
Commento:
Invalidated. I was wildly wrong.