NIFTY - THE BIG PICTURE - weekly chart -wave analysis Long

NSE:NIFTY1W

Nifty 50 IndexNSE

Description

⋅ May 6, 2017 9:19 PM

Elliott wave weekly chart of nifty

As per the chart we are in wave V of wave 3

Comment

⋅ May 10, 2017 4:41 PM

Comment

⋅ May 10, 2017 4:52 PM

NIFTY

Comments

anup.gogoi

⋅ May 7, 2017 12:36 PM

Hi so do u think it will crack 9450-9550 within this MAY expiry. pls do reply

joel-vg

⋅ May 7, 2017 1:02 PM

@Anup.gogoi,

YES , I feel 9450 is certainly a possibility keeping a stop loss of 9240 !

anup.gogoi

⋅ May 7, 2017 1:12 PM

@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

joel-vg

⋅ May 7, 2017 3:57 PM

@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

anup.gogoi

⋅ May 7, 2017 4:04 PM

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