NIFTY 50 future TRENDS

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Nifty Moved in a range of 50 points contrary to yesterday... holding 5209 gives glimmer of hope for the Bulls... Next week big event coming up expecting huge swing.
Have great HOLI and My Hearty Wishes to all TJ friends.
and then there is the Wolfe Wave expected by Uttamkamlesh - the two conditions specified by him - a green candle and lower volumes - both have been satisfied today.

 
I wanted to scope down to the hourly chart to show the market hit the WS3 with pinpoint accuracy. The red TL is coming off the weekly, and it is the point the candle needs to finish above when the week is closed.
I read Mano talking about a holiday. If it closes the markets in India, then a bullish candle is required on Friday.



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MurAtt

Well-Known Member
I had seen this pattern on spot BUT the symmetry is not ok for me ....

On NF the pattern looks somewhat like this .....


Which still show some symmetry BUT the Pt1 is dicey and main point is the trigger i.e. abv 5328 the WW becomes active.

Also on spot today we have a Green Doji/Hammer - that is a respite for the bulls BUT we again need a confirmation bar else ..... :(
 

Sultaan

Active Member
I had seen this pattern on spot BUT the symmetry is not ok for me ....

On NF the pattern looks somewhat like this .....


Which still show some symmetry BUT the Pt1 is dicey and main point is the trigger i.e. abv 5328 the WW becomes active.

Also on spot today we have a Green Doji/Hammer - that is a respite for the bulls BUT we again need a confirmation bar else ..... :(
yeh chart chori ka hai :mad::D
 
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