Nifty Elliott wave analysis for 6th march 2019

Nifty 50 IndexNSE

Description

⋅ Mar 5, 2019 12:22 PM

As of now consider 10944-10914 as support levels. And only below 10914 we can think of downside reversal.

If wave C started from 11118 completed at 10585 then nifty needs to bounce sharply above 11118.

Comments

chirag_Khasiya

⋅ Mar 6, 2019 3:49 PM

Support level now transferred to 10991-10951

French_Fries

⋅ Mar 6, 2019 4:13 PM

@chirag_Khasiya, bad omen.

French_Fries

⋅ Mar 5, 2019 1:13 PM

If following happened

“If wave C started from 11118 completed at 10585 then nifty needs to bounce sharply above 11118”

I will lead the NIFTY short seller group to get a bailout package approved from govt.

chirag_Khasiya

⋅ Mar 5, 2019 1:19 PM

@French_Fries, :)