In continuation with previous post:
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Today's Update:
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Yesterday's Post:
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Today's Update:
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As 4a=5631.8-5718.4=86.6
4b=5718-5605=113
4c cannot do more than 1.65*4a=5748
So shorts have to keep a stop-loss at 5750 and keep a minimum target of 5=0.62*1=111 but as logically 5 should go below 1(unless it gets truncated) so 0.786*1=141 should be the target i.e below 5605.
If ,however, 5750 gets breached, then bullish rally is likely to continue for a couple of more days and dips (that come after crossing 5750) should be bought for targets upto 5900.
.png)
Today's Update:
.png)
.png)
Today's Update:
.png)
As 4a=5631.8-5718.4=86.6
4b=5718-5605=113
4c cannot do more than 1.65*4a=5748
So shorts have to keep a stop-loss at 5750 and keep a minimum target of 5=0.62*1=111 but as logically 5 should go below 1(unless it gets truncated) so 0.786*1=141 should be the target i.e below 5605.
If ,however, 5750 gets breached, then bullish rally is likely to continue for a couple of more days and dips (that come after crossing 5750) should be bought for targets upto 5900.
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