#Nifty || 7th July 2022 || Falcon Trader analysis for #Nifty50

It seems that we have not finished blue Wave C
Also Thursday is expiry day and sellers will not allow buyers to enjoy profits.
I think we are on verge of going down but needs final push up which has happened today, and therefore I planned to post this post after market opened.
So Falcon Waves - wave C finishes today, RSI and CCI are already over bought on 1H
16200 seems to be final resistance
Happy trading!
Also Thursday is expiry day and sellers will not allow buyers to enjoy profits.
I think we are on verge of going down but needs final push up which has happened today, and therefore I planned to post this post after market opened.
So Falcon Waves - wave C finishes today, RSI and CCI are already over bought on 1H
16200 seems to be final resistance
Happy trading!
- Short today as market closes for target for wave A down
- 16200 seems to be good resistance zone
Nota
Can go to 16200 - 16400 levels followed by selling pressure
Why?
Because Wave C can be 100-123% of A+B
Falcon Trader
Trading Courses charts-stocks.com
_________________________________
Ask for any script Falcon Wave count by DM
Twitter: @Falcon_Trader_1
Trading Courses charts-stocks.com
_________________________________
Ask for any script Falcon Wave count by DM
Twitter: @Falcon_Trader_1
Penerbitan berkaitan
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Falcon Trader
Trading Courses charts-stocks.com
_________________________________
Ask for any script Falcon Wave count by DM
Twitter: @Falcon_Trader_1
Trading Courses charts-stocks.com
_________________________________
Ask for any script Falcon Wave count by DM
Twitter: @Falcon_Trader_1
Penerbitan berkaitan
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.