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selvamB
Nov 13, 2020 7:23 AM

NIFTY CAPPED AT 12770 ? Short

Nifty 50 IndexNSE

Description

As per Elliot wave theory correction waves will end at exact fibanocci ratios like A=B OR C=1.618*A
Nifty complete its wxyxz Triple Zigzag correction and the final wave Z is A=C now.at 12770
any break upside will fuel nifty to exend Z wave, The announcement of 15% GDP Stimulus yesterday has no gas
muhurat Investers are the only hope tommorow.
Money is the fuel,lets see .
otherwise lets start short the Market upto 10930
happy DIWALI
Comments
VishalSancheti
gap giving strong upmove indication for coming weeks, lets see how it closes on weekly basis..
selvamB
@VishalSancheti. 10980 is the full(ABC)of 61.8% of wave B which I am expecting for shallow correction, The orange dash line is length of first wave A of ABC
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