4xpipcounter:help /forecast for ril & sbi

4xpipcounter

Well-Known Member
#11


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VJAY, this chart is showing this market is about to break out soon, because of the apex it is approaching. There is strong cluster S at 1019.32. The R is also pretty strong, because it combines a chart R. One or the other has to be broken, and it iwll be a very strong move.
As per the posts in my thread, the trading opportunity presents itself after one or the other TL is broken, and then there is a correctional move back to it.
It's actually preferable to see a break north, because there is less R heading north, then there is S heading south.
 

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