Refer my post on 2nd April..... exactly market has fallen (put option bottom reversal point) from top....go and check the hangout (chart details and compare the chart with today's move)...
Today move...same chart.......(chart details posted in the hangout)...
Now...check the same chart - Sheetal Chart ..Sheet No.5 at your end for reversal from bottom..
Knowledge is money.....
Homework is money...
Continuous learning is money...
Obeying your knowledge is money...
All external factors / news ... etc... etc... are can be used for time pass not for making money...
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What is next
Yesterday hourly sequence changed the swing to upside at 12.45 and continuing....
My suggestion.... forget about the positional view....
Always use the swing top and bottom and trade...
Next week reversal reference point details posted in the hangout....
Check the chart at your end... follow the same chart next week...if price reaches the reference point, then trend may change...
Note....next week bottom level may shift and that is going to be the reference point)
Check hangout....
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