Nifty's show 1st July

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Nifty did move only in between parallel lines touching all the points as shown in the image and formed wave B.

Expect a breakout downwards tomm on expiry.

Do not mix this smaller waves view with the big cycle waves mentioned in my previous posts.

Note: Views shared for only educational purpose.

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ملاحظة

July 2nd Idea not updated because another volume less movement seen in the market and it does not qualify for any trend as per my analysis. If their were volume we would definitely accepted it.

Nifty moved against the triangle due to calls buildup and call writers exiting yesterday weakening the 10500 resistance and not showing the confidence.

Everyone wait for couple of days till we complete Monday trading hopefully Nifty show the trend with good volumes.

Market is the BOSS :)

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ملاحظة

Note: Views shared for only educational purpose.