Please refer to the previous 2-3 posts before reading this one. Keep the dates and levels that are mentioned in each post.......
If one has been continuosly reading my posts, he/she would have observed that I said 3950-4000 by 6th July.....I still stand by my levels......Only if 4364 (1st month futures) is crossed and held for the day, I might think of a different view. As of now, I am quite confident of 3950-4000 zone where my 5th wave for the series taken in consideration ends.....Plus, 3985 will mean a 33% retracement of the entire upmove from 2525 to 4703.....This means, a wave coincides with the completion of the handle of a cup (refer to cup and handle pattern of the full upmove). If my view proves right, we might initially see a small intraday panic around that level and will pave way for the greater bull run of our lifetime....Also if someone observes live PCR, one will find that we are at 0.76 currently. This also confirms my stand for the completion of the current downmove......
If one has been continuosly reading my posts, he/she would have observed that I said 3950-4000 by 6th July.....I still stand by my levels......Only if 4364 (1st month futures) is crossed and held for the day, I might think of a different view. As of now, I am quite confident of 3950-4000 zone where my 5th wave for the series taken in consideration ends.....Plus, 3985 will mean a 33% retracement of the entire upmove from 2525 to 4703.....This means, a wave coincides with the completion of the handle of a cup (refer to cup and handle pattern of the full upmove). If my view proves right, we might initially see a small intraday panic around that level and will pave way for the greater bull run of our lifetime....Also if someone observes live PCR, one will find that we are at 0.76 currently. This also confirms my stand for the completion of the current downmove......
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