As per the lvl mentioned onto our previous post Nifty struggling to close above 7960,
As per the Market Structure it looks like (leading Diagnol) we are going to have a Trend Reversal from the Resistance lvl.
Resistance Stands @ 7960-8015-8040
Tuesday, December 1, 2015
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6 comments:
Hi abhi, how can it be a 5 wave impulse as pointed on your chest , if the fourth wave overlaps second wave.
Overlap is allowed incase of Diagnol. (Leading/Ending)
yes,but it had been proved wrong by todays fall,what i felt was it was a corrective wave,abc with complex correction mode.any new wave counts from ur side.i am in learning phase.pls dont mind if i am wrong.
It has been proved wrong after today's move??? Really.It is clearly mentioned we are going to have a trend reversal..so it has been buddy try to take hold of the lvl 7960 wasn't able to be breached even single closing session.
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