27 Dec Nifty timewave View
Good Morning!
Nifty Spot CMP: 7908.25 SGX Nifty: 7922 up 11 points
So, as I have indicated the fall would continue till 27th Tuesday, Nifty is down significantly now, and 27th has arrived.
Today after 1:30 PM Nifty shall complete this downmove, please wait for final confirmation. Buy in January series. Thanks!
Nifty Spot CMP: 7908.25 SGX Nifty: 7922 up 11 points
So, as I have indicated the fall would continue till 27th Tuesday, Nifty is down significantly now, and 27th has arrived.
Today after 1:30 PM Nifty shall complete this downmove, please wait for final confirmation. Buy in January series. Thanks!
Note
If Nifty does not form a bottom around 1:30 PM, and is instead at the high point of the day, then the next Timewave is also DOWNWARD and is a shorting opportunity.Note
Action at 13:59: Short Nifty in January series, with 40 points stoploss above days high.Note
Target date: 2nd Jan 2017.Note
shorted at 7970.Note
Reversing the trade , going long..as per my original idea.
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