Weekly Analysis:
Daily Analysis:
Hourly Analysis:
Summary:
Status-quo maintains - all DOWN. Immediate target 5250. Resistance 5420.
Unfortunate part is we are always in search of an early bottom in a bear market and early top in a bull market.
Daily Analysis:
Hourly Analysis:
Summary:
Status-quo maintains - all DOWN. Immediate target 5250. Resistance 5420.
Unfortunate part is we are always in search of an early bottom in a bear market and early top in a bull market.
Dear Rajib,
ReplyDeleteNice analysis.Perfectly agree with you of limited upside as of now.
Thanks Rajib,
ReplyDeletecomprehensive analysis.P&F looks to me a very precise and objective method ,without any noises ,or is it your way of analyzing that makes it so :) .
I wish i had some extra time on hand to learn it.
@ Umash,
ReplyDeleteThanks. There might not be reversal but there are always chances of sideways movement. I as a trader always try to avoid going long in these periods, always "sell on rise" (a term my sir often uses).
@ AAR VEE,
I am fluttered :P;
But it's true P&F is very much noise free. Try out some time, may be I will get some gem out of your treasure hunt. :)