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Financial Wave Trader
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Disclaimer :- We are not SEBI registered. All calls only for educational purpose.Please consult your financial advisor before investments. We are not responsible for any profit or loss
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HUGE OI INCREASED 23900-24000 CE/PE BOTH
RANGE BOUND EXPIRY
HUGE SHORT COVERING POSSIBLE ABOVE RESISTANCE 24070
NIFTY DATA
AFTER SHARP UPMOVE FROM 23070 TO 24011
NEED SOME CONSOLIDATION OR MINOR DIP
RESISTANCE AREA 24070-24080
SUPPORT AREA 23820-23830
EXPECTING RANGE BOUND WEEKLY EXPIRY
HAPPY WEEKEND TO ALL ๐๐๐
ENJOY YOUR WEEKEND . . . . . ๐๐๐๐
NIFTY YESTERDAY COMPLETED 3X TIME IN CORRECTIVE FALL
61.8% RETRACEMENT LEVEL 23070
MOST PROBABLE WE CAN RETRACE 50-61.8% THIS UPMOVE FROM 23070 TO 23645
EXPECTING UPMOVE IN THE FORM OF C WAVE
GET READY FOR FIREWORKS
NOT RECOMMENDATION FOR BUY /SELL
THIS IS FOR PURE EDUCATIONAL PURPOSE ONLY
NIFTY BOTTOM DONE FOR SHORT TERM
RIDE WITH SL 23070
KEEP IN MIND RETRACEMENT OF THIS RISE FROM 23070 CAN HAPPEN
BUT UPMOVE WILL INTECT FOR 25300-25500+
WILL CROSS THIS LEVEL OF 23557 TODAY ?
IF YES THEN READY FOR FIREWORKS FROM MONDAY
NIFTY NEED TO CROSS 23557
TODAY OR MAX BY MONDAY
IF THIS HAPPENING THEN GET
READY FOR NEXT C LEG TILL 25480
NIFTY TODAY ALMOST 3X CORRECTION TIME OF PREVIOUS UPMOVE
SUPPORT AREA AND 61.8% RETRACEMENT AREA TOO
EXPECTING REVERSAL AND UPMOVE HERE TILL WE AE HOLDING 23050-23060
๐บ๐ธ US Inflation Data
US May Consumer Prices Rise 0.5% M/M; Est. +0.5%
US May Consumer Prices Rise 4.2% Y/Y; Est. +4.2%
US May Core CPI Rises 0.2% M/M; Est. +0.3%
US May Core CPI Rises 2.9% Y/Y; Est. +2.9%
NIFTY OI DATA
23400 PE OI INCREASED MORE THEN 23400CE
NIFTY HOLDING WITH THE HELP OF BANKING SECTOR
EXPECTING GOOD SHORT COVERING ABOVE RESISTANCE
