ArunKhanna

NIFTY CHART .. EW ANALYSIS .

NSE:NIFTY   Nifty 50 Index
114 0 1
NIFTY             ... TWO VIEW COMES UP... 1. RED LABELLED 2. BLUE.
FIRST ONE IS SHOWING AN IMPULSE WAVE HEADING TOWARDS 9050 LEVEL. ITS SHOWING WEATHER MARKET HAS COMPLETED ITS 3rd WAVE OR ABOUT TO END.
2ND ONE IS A CORRECTIVE WAVE MARKED BY A, B, C . IT SHOWING MARKET ALREADY LYING ON HIS TOP. WEATHER THE TOP HAS BEEN MADE OR ITS STILL A MOVE LEFT. WILL POST MY CLOSER VIEW 1 HOUR CHART NEXT .

MY PREFERENCE TO THE VIEW NO. 2. ITS LOOKS MORE CORRECTIVE WAVE AND FALL IS NEAR IN MY VIEW
NEXT VERY IMPORTANT LEVEL IS 9090 CASH LEVEL IF IT CROSSED IT RECENT HIGH.
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