7:01 PM IST
Hi Friends,
I would like to update my MCX Lead Analysis.
CMP: 123.40
Swing Hight/Resistance: 138.35
Swing Low/Support: 102.45
As per my chart, we are in moving complex correction on the upside.
I expect to see more upside which I have mentioned in the gray box in the chart.
But as per the chart, wave 3 of 5 is still in progress and we may see complex correction as wave 4.
Ultimate target area for this up move can be 124.6-127.8.
I expect to see reversal between the above area to break the low of 102.45 and my ultimate target on the downside is 89 Long Term Positional.
Thanks,
Traders//Visitors, please go thru' disclaimer before taking any trading decision.
Arockia.
Hi Friends,
I would like to update my MCX Lead Analysis.
CMP: 123.40
Swing Hight/Resistance: 138.35
Swing Low/Support: 102.45
As per my chart, we are in moving complex correction on the upside.
I expect to see more upside which I have mentioned in the gray box in the chart.
But as per the chart, wave 3 of 5 is still in progress and we may see complex correction as wave 4.
Ultimate target area for this up move can be 124.6-127.8.
I expect to see reversal between the above area to break the low of 102.45 and my ultimate target on the downside is 89 Long Term Positional.
Thanks,
Traders//Visitors, please go thru' disclaimer before taking any trading decision.
Arockia.
