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Will NIFTY Skyrocket or Collapse? Posted: 27 Feb 2022 04:55 AM PST In this outlook, we are covering two scenarios that will be helpful for day traders as well as investors. We should negate the possibilities because Murphy’s law says, Whatever can happen will happen Shall we direct jump on the pool? Yes, shallow ends first. After creating a high of 18600, the price has occurred a double zigzag. Currently, we are riding on the impulsive wave sub-wave 4 of wave C of complex (Y). Wave Structure: Target projection for scenario 1: Wave (C) can end near the 1.618% Fibonacci extension of the wave (A) at 15363. Wave ((Y)) can cease at 100% Fibonacci extension of wave ((W)) at 16136, but if the price breaks this level, then the next Fibonacci level is 15600.As a premium subscriber, you don’t have to worry about trade setup. Perspective: Price has completed the double zigzag correction by completing wave C of wave (Y). Wave ((Y)) has already traveled 100% of wave ((W)). Price will start an impulsive cycle, which will be the sub-wave of wave ((5)). Price has to confirm its bullish move by breaking wave B at 17794. Bullish sentiments can derive a price for 19000 and more. Would you like to get our share market updates instantly? Do you want to get premium NSE calls? If you have any questions or concerns about the stock market, don’t hesitate to contact me: Email: support@moneymunch.com Phone: +91 903 386 2706Have you any questions/feedback about this article? Please leave your queries in the comment box for answers. The post Will NIFTY Skyrocket or Collapse? appeared first on Moneymunch. |
NSE AEGISCHEM More Selling Begins Posted: 27 Feb 2022 03:32 AM PST Aegis Logistics is seemed bearish more. It’s the top loser stock of last Friday’s market session. I have drawn this chart to show a bearish area to short-term investors. Wherein AEGISCHEM can show 150 – 138 – 118 levels into that area. Intraday traders can sell for targets of 166 – 164 levels. And if it breaks the 164 level, then be ready for a downtrend. Would you like to get our share market updates instantly? Do you want to get premium NSE calls? If you have any questions or concerns about the stock market, don’t hesitate to contact me: Email: support@moneymunch.com Phone: +91 903 386 2706Have you any questions/feedback about this article? Please leave your queries in the comment box for answers. The post NSE AEGISCHEM More Selling Begins appeared first on Moneymunch. |
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