selvamgeetha

8736 IS THE KEY LEVEL FOR BULLISHNESS IN NIFTY

Short
NSE:NIFTY   Nifty 50 Index
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 .....

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