#NIFTY500 Index - 75 min chart shows formation of a Triangle. Reversal confirmation awaited.
It is as close as it can get. Make or break level of the pattern. 61.8-78.6% retracement zone for completion of wave "e" #Nifty500 index
#Nifty500 index : Looks like the index may form a text-book type pattern structure.
#Nifty500 Index - at inflection point. (Pattern invalidates below 8550, Validates above 8700)
Pattern validated. Now change of view only below 8550 for #Nifty500 index. That is after -1.70% decline.
#Nifty500 Index is speaking something loudly; I am listening with my risk management in place. #Charts-do-speak
What is it with 61.8% retracement level in #NIFTY500 index this time? It is rescuing #Bulls on every decline. Lets see if today's low holds?
What is it with 61.8% retracement level in #NIFTY500 index this time? It is rescuing #Bulls on every decline. Lets see if today's low holds?
and the sequence continues.. 61.8% retracement.. #Nifty500 index
#Again ... aren't you tired? #Nifty500 index.. Why dont you do something different this time? ( why 61.8% only?)
#Phirse .... matlab koi aur dusra kaam hi nahi hai.. Thoda Upmove, phir 61.8% retracement.. then #Repeat . Have not seen such frequency b4.
I doubt 61.8% will be re-tested again in the current swing. #Bear power has diminished. Upside momentum likely to continue. #Nifty500 index
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