Nifty Chart
See now bearish swing chart 9119-8269 Reversed exactly at 61.8% towards 138.2%
Reached EXACTLY.
Bounced Exactly from 7944 (138.2%)[predicted 7940] to 8593 (38.2%)
Predicted 8593 [actual 8610] to 161.8% [7743]
Predicted 7743 [actual low 7539, that is aso predicted]
From there expected 8058 [actual high 8055]
Always 161.8% finished means small bounce back bullish swing formed
That bullish swing is 8055-7539 took a
support at 61.8% of swing 7743 on
closing basis [almost double bottom,check the chart]
As per above bearish story history repeat for Bullish swing 7539-8055
Implies minimum tgt 8252-8269 (138.2%)
Everybody expected double top 8055 is for short dont do that
because swings always rest at 138.2% [8252-8269] or at 161.8% [8373]
So wait and watch
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