@_Harsh_Mehta_ +DAX looks ready to fire. Nifty did a small .618 retrace of the last rise but expiry pressure could be on so that's always a doubt. If these ugly candles turn into weekly hammers above supports on stocks, it could be something worth looking out for.
@_Harsh_Mehta_@indiacharts I think twice about renewing Netflix, here I renew it instantly. If I have a particular count, and the same count is updated/ posted by Rohit, ngl, my conviction increases 2x.
@piyushchaudhry Hi. I've had a similar view which got more conviction now. Just one question, if we were to look at Sensex, the triangle seems complete, well almost. Would you consider that or prefer focusing on the Nifty (and the targets) on its own merits?
@_Harsh_Mehta_ I do have a count that could be in play but looks bizzare. Jan high to low is A. Feb high i.e. the ATH is B (irregular) and the C is the triangle I mentioned, in which case, A = C. Consider this as a possibility?
@_Harsh_Mehta_ Yeah, definitely agree on the manipulation part. However, this move seemed like that happening post Sept expiry decline with a similar setup. Futures data did say something different in that sense.