Nifty 50 IndexLong
The road ahead for Nifty
Is Nifty going to touch 11 k ?
Is Nifty going to touch 10 K ?
These are the 2 probable questions most of the traders have in their mind !!
Let me try to answer by the wave pattern
As per the wave possibilities which i see both are possible
If the present up-move goes as Wave B - Then it can surely touch 11K within the next 10 trading days
following which - a fierce wave C can unleash next month - around the time of election result which can take us down to 10k
All wave counts are work in progress & are meant to aid trading
I use Elliott wave count to help in my trading &i am willing to accept i could be wrong
& knowing before hand what i will do when i am proved wrong...
The only thing that are guaranteed in life are Death & taxes....... (Benjamin Franklin)
Is Nifty going to touch 10 K ?
These are the 2 probable questions most of the traders have in their mind !!
Let me try to answer by the wave pattern
As per the wave possibilities which i see both are possible
If the present up-move goes as Wave B - Then it can surely touch 11K within the next 10 trading days
following which - a fierce wave C can unleash next month - around the time of election result which can take us down to 10k
All wave counts are work in progress & are meant to aid trading
I use Elliott wave count to help in my trading &i am willing to accept i could be wrong
& knowing before hand what i will do when i am proved wrong...
The only thing that are guaranteed in life are Death & taxes....... (Benjamin Franklin)
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