TF: 75 Minutes
CMP: 978
Wolfe Wave set up appears at the top.
Price is now trading below the trendline connecting the tops (after a brief pop out above the trendline) and the set up is active.
Ideal target is placed at around 900-920, which, also happens to be the rising trendline from April low connecting July low.
The 900 and 920 Zone is also happens to be the CLOUD Support and previous swing lows
Price is comfortably trading in the bullish territory on Daily TF, so trading against the major trend is always risky. MY SL is close above the trendline at the top.
Disclaimer: I am not a SEBI registered Analyst and this is not a trading advise. Views are personal and for educational purpose only. Please consult your Financial Advisor for any investment decisions. Please consider my views only to get a different perspective (FOR or AGAINST your views). Please don't trade FNO based on my views. If you like my analysis and learnt something from it, please give a BOOST. Feel free to express your thoughts and questions in the comments section.
CMP: 978
Wolfe Wave set up appears at the top.
Price is now trading below the trendline connecting the tops (after a brief pop out above the trendline) and the set up is active.
Ideal target is placed at around 900-920, which, also happens to be the rising trendline from April low connecting July low.
The 900 and 920 Zone is also happens to be the CLOUD Support and previous swing lows
Price is comfortably trading in the bullish territory on Daily TF, so trading against the major trend is always risky. MY SL is close above the trendline at the top.
Disclaimer: I am not a SEBI registered Analyst and this is not a trading advise. Views are personal and for educational purpose only. Please consult your Financial Advisor for any investment decisions. Please consider my views only to get a different perspective (FOR or AGAINST your views). Please don't trade FNO based on my views. If you like my analysis and learnt something from it, please give a BOOST. Feel free to express your thoughts and questions in the comments section.
I am not a SEBI Registered Analyst. Views are personal and for Education purpose only. Please consult your Financial Analyst before making investment decision
Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.
I am not a SEBI Registered Analyst. Views are personal and for Education purpose only. Please consult your Financial Analyst before making investment decision
Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.