8736 IS THE KEY LEVEL FOR BULLISHNESS IN NIFTY

Jan 28, 2017

Contrary to my previous post NIFTY reversed upward showing short term rally to make new traders
in a trap.But no blue chip stocks participated in this.This is called final leg of 4th or X Wave.
however nifty has to cross 8736 (78.6% of WXY)must be on 1/2/2017 as the time cycle ends.And
the most awaited Z WAVE unfolds till7/3/2017 .
8285 is W=Z where bulls will enter and a new bull market begin.We have enough time .....

Jan 28, 2017

Note

Do not confuse with FII buying data,P/E ratio,Budget rally,Result season,Demonetization ...Everything is priced in

Jan 28, 2017

Note

some viewers asking for alternate count for the above scenario

If nifty take off 8673( not 8736)..........go long first tgt 8736 ,2nd target 8895

Jan 29, 2017

Note

Union budget has an important effect on our stock market.During 2008 while reading the budget market went down and stopped (15% circuit break).Let us see what'll happen after 8 years

Feb 1, 2017

Trade active

Jaitley made it?
No. No surprise for growth.Nifty has to stay above 8736 by tomorrow far an hour
Otherwise Friday FIIs start selling