sachinjain19

sachinjain19

Looks like a perfect 5 wave upmove ( 5th wave in extension ) is already done.. may short the stock with an immediate target of 265-264 and then 250..

sachinjain19 Updated 

Nifty broke a very important trendline.. has multiple targets the downside ( marked in the chart ) .. has already achieved one target.. second target is also near ( and possibly will achieve this since the C.5.5 is still pending )

sachinjain19 Updated 

Short with a SL of 3004 .. target of 2700 minimum

sachinjain19 Updated 

This is just an initial thought and i am not going to short right now.. but at the break of 9650 .. ( since the wave 4 cannot overlap wave 1 ) .. keep a watch !!! Charts attached.. your views..especially if you trade using EW ! There are divergences appearing on the daily chart already ! But since its a life time high .. these kinds of divergences do happen ...