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| Discuss Market Trend! at the Technical Analysis within the Traderji.com - Discussion forum for Stocks Commodities & Forex; Hello Every Body, This is my first Thread and i Have registered to Traderji today. ... |
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#1
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Hello Every Body,
This is my first Thread and i Have registered to Traderji today. If you want to know more about me you can check it at the WELCOME thread. I am here you share the current Market Trend that i have studied. we Seem to be in a Short term Down trend but we are near very Important Support Level. As you can see in the chart attached it shows we are near a Support level and if that level Breaks we should see futher weakness until 12,500. We seem to be in Elliot wave 3 Which means we are in a strong Downtrend (Shrt term). I guess the volatility Should be Comming Down starting tomorrow if the Levels Hold and a Pull back up till 14,900 seems to be on the cards. Lets wait and watch to see what Happens. Views of the Forum Members would be Appreciated! Thanks RV |
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#2
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Still Awating Forum Members View on The chart Posted
RV |
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#3
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Aget Mob is a gud one. Also try Ellipse.
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#4
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i Guess if Mob is Broken Then Using Ellipse would be a good idea to show the Next Support level.
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#5
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Would like to get AW views on the following Sensex lvls :-
A touchdown (close to the previous lows) at 13675 If it doesn't end there, then the levels of 13000-13200 & 12660-12760. (13000-13200 looks a particularly good bottom out level to me both Technically & Fundamentally) Worst case : 11000 Regards, Kalyan. |
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