UPER Ganges- Below 375 Looking for 295-305 zone

Uper Ganges is likely moving in a supersonic wave on larger degree- looks a good pick from a long term point of view, but immediately, I shall be looking for a correction in the zone 295-305 where C-wave will retrace 61.8% of A-wave & will also hit the swing low of 307.

Once It hits the zone of 300-305- That zone could be good picking zone for up move.

Regards,
Abhishek H. Singh, CMT

Trade ativo:

12:45 Hrs-IST-9th Sep2016

Going Below 390 Swing Low- UperGanges, be careful- we will start downleg.