right now we might have comlpeted the 80D low or about to complete. the clues lie in how fast we rally from here.. if we rally slow then we might still be waiting for 80D....
But one point to note: all the weekly cycles are down and 18 month low is still to be achieved.. the IDEAL timelines suggest somewhere in May but markets are not IDEAL.. so if we see a big big move down.. we should be buying it since it would confirm the last cycle of 54 month cycle and we should rally from here.. for this year. ..
Take care
Happy trading..
P.S: i am long tata steel, SBI and relcap.. lets see what do i get in next two to three weeks.
But one point to note: all the weekly cycles are down and 18 month low is still to be achieved.. the IDEAL timelines suggest somewhere in May but markets are not IDEAL.. so if we see a big big move down.. we should be buying it since it would confirm the last cycle of 54 month cycle and we should rally from here.. for this year. ..
Take care
Happy trading..
P.S: i am long tata steel, SBI and relcap.. lets see what do i get in next two to three weeks.
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