nepsetrader

December 07, 2021, 05:48 pm

  • Sherlin_Tuladhar

    aja ahile samma thyakka 2432 choyera mathi aayo hai

    807 days ago
  • nepsetrader

    @Sherlin_Tuladhar Yes. Aja 2428 ko low banayeko chha market le but it managed to close above 2438 which it needed to protect. It looks like there's still room for the market to fall (around 200 to 300 points from today's close). That will happen if the market cannot protect today's low.

    807 days ago
  • Mr. Yunush

    @nepsetrader aja ta 2300 bhanda ni jharyo ta .. elliot wave anusar thikai ho ta? i have no idea about this Elliot theory

    803 days ago
  • nepsetrader

    Yes, as mentioned in other posts, if the market follows wave A = wave C, we can see it fall to somewhere between 2140 - 2200 area which will become the bottom. If we consider this scenario, there's still room for the market to fall.

    803 days ago
  • nepsetrader

    Please have a look at this weekly chart: https://www.tradingview.com/x/PT1jJcOC<a href="https://www.tradingview.com/x/PT1jJcOC

    It" target="blank">www.tradingview.com/x/PT1jJcOC

    It seems the current fall is 3rd wave. If that is the case, 4th and 5th waves are still pending which indicates further fall. The analysis will be reviewed after looking at how the market reacts in the coming two to four weeks. As for now, 2140 to 2200 area is an important area.

    803 days ago
  • nepsetrader

    Here is the weekly chart

    803 days ago