joel-vg
Long

NIFTY - THE BIG PICTURE - weekly chart -wave analysis

NSE:NIFTY   Nifty 50 Index
256 5 6
Elliott wave weekly chart of nifty            

As per the chart we are in wave V of wave 3
Comment:
Comment:
Hi so do u think it will crack 9450-9550 within this MAY expiry. pls do reply
Reply
joel-vg anup.gogoi
@anup.gogoi,

YES , I feel 9450 is certainly a possibility keeping a stop loss of 9240 !
Reply
anup.gogoi joel-vg
@joel-vg, thanks man i have no SL as i buy CE. Have 6 lots in 9400, 9600 & 9700 if it goes i make $$$ or i already know how much i lose in this trade
Reply
joel-vg anup.gogoi
@anup.gogoi,

If you are trying in options - keep booking profits

if i were you , i will book profits - it nifty gaps up tomorrow;

I will not wait for 9400

Reply
anup.gogoi joel-vg
@joel-vg, I will tomorrow if i get a chance but only in the 9400 CE rest i will wait till EOWeek
Reply
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