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#Nifty || 16th June 2022 || Falcon Trader || Daily Analysis

172
Nothing new under the sun. Are Moon cycles running the show?

FOMC meeting tonight IST, let's hope for the best.
Expectation = FOMC meeting results in rate hike 75BPS (Bad for market, some bull trap rally and then nuke?)

Falcon Waves show that we still have some room to go down, so perhaps gap down and then bounce?

Check the chart for more info, we have just started - abhi time baaaki hai ...
Note
yay! Wave 4 done

snapshot

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