pankajvw
Long

27 Dec Nifty timewave View

NSE:NIFTY   Nifty 50 Index
272 views
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!
Comment: 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.
Comment: Action at 13:59: Short Nifty in January series, with 40 points stoploss above days high.
Comment: Target date: 2nd Jan 2017.
Comment: shorted at 7970.
Comment: Reversing the trade , going long..as per my original idea.

Comments

So just as you said exactly on 27th Dec @ 1:30PM started moving up!
Reply
pankajvw ntradeden
@ntradeden, correct, many thanks!
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its only short term bull...whats your view sir????
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pankajvw divyeshywala
@divyeshywala, Its up for next 4-5 days.
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@pankajvw, whats your upside new target???
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pankajvw divyeshywala
@divyeshywala, 2nd January, levelwise I have to apply fib, but that's not very accurate.
Reply
please give price target in your next post and time like this post,thank you
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pankajvw dr_professor_nifty
Reply
rising end of today part 4
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dr_professor_nifty dr_professor_nifty
@dr_professor_nifty, we want more fractal analysis
Reply
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