Nifty Timewave View - till 27 Dec

NSE:NIFTY   Nifty 50 Index
306 9
Hi All,

The current running sideways movement with downward bias in Nifty             will end on 27th Dec Tuesday.
There is no point in taking either short or long position right now.
This period will favour option writers only, they will eat premium on options on both side.
It would be better to go long on Tuesday, 27th Dec in January series.

Comment: Looks like its down in an impulsive way and not sideways. But still down till 27th Dec.
Comment: previous timewaves:
Comment: Today Nifty would be more of sideways. 3 more sessions to go to complete this down move.
Comment: This bounce back should be sold into Monday only. No need to carry forward any position over weekend.
Hi Pankaj,
Thanks for your great timewave analysis which found true on 27th Dec. Hope you will continue posting your valuable view in this site.
pankajvw roysumit123
@roysumit123, thanks! Sure!
is gravitational waves attracting nifty like apple to the ground
pankajvw rupambose32
@rupambose32, correct :) , and later they will attract upwards as well.
rupambose32 pankajvw
@pankajvw, thank you
Does it mean that the older wave with bullish possibility got void and no more valid?
pankajvw praveen.bhatiya
@praveen.bhatiya, Actually the bullish wave which started was too short. It started from Tuesday and ended on Wednesday afternoon around 3:00 PM. I will attach a snapshot here. Its giving an appearance of 4th wave.
Dec 0.44%..................what does this mean ? Thanks.
pankajvw ashokk
@ashokk, tradingview is automatically inserting some text.
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