Guess what: Markets except India might be falling in A-B-C pattern. "A" fall was over last week. And "B" recovery is complete Yesterday. And they are into "C". This can go up to 100% "A" or sometime 161.8% of "A". We are again entering High Volatile world markets. So from here on another 8% to 12% fall if they break previous low. That will be a just the confirmation.
Well:- the earlier fall "A" lasted for 5 days and recovery "B" lasted 5 days. Time equality achieved. Hence "C" will also fall for 5 days (time equality) or 8 days (161.8% of time equality).. And If in 61.8% time, that is 3 days, previous low is breached in world markets, then 8% to 12% fall in 5 to 8 days is a certainty.
If you can not do those calculation to find out what will happen, then come back to my blog again.
What will happen to Indian Markets? Next blog after 14th mid afternoon between 11.45 to 12.30.
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