Fri 6th Jan Nifty Timewave

NSE:NIFTY   Nifty 50 Index
506 17 11
We are pretty close to our first target of 8227, even second or third might be achieved by 10th Jan.

Follow me for very clear, consistent, and serious tradable advice.

Most people were bearish or were waiting for a breakout/breakdown for further confirmation. Death cross, upper resistance line, channel breakdown, negative divergence, FIIs were net sellers, but one must remember linear tools don't work in a fractal market! Just as Newtonian mechanics does not work in atomic physics and planetary motions!

If one is not in tune with time, one is wasting time of his life!

Comment: Forgot to add that even BankNifty was not supporting, which bythe way has just touched its 2nd Jan high! Demonetisation fever.
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Comment: Its basically a day of consolidation after the strong upmove yesterday.
Comment: Carry forward guys! It was just a day of consolidation, retracing the strong upmove from 8180 yesterday. More upside to be seen on Monday/Tuesday.
Trade active: SGX Nifty today morning is at 8285.50 up 18.00 points
Trade active: TSL upshifted: 8225 NS.
Comment: This is now being followed at :
Hello Pankaj, I see that in reply to pssola in banknifty idea, you say that you see a bearish wave from 10th Jan. So as per your idea, nifty tsl:8225 and exit at any cost tomorrow?
pankajvw sudhakar.bng93
@sudhakar.bng93, so basically now we need to arrive at time at which we have to exit. I see a possibility around 15:00 tomorrow for this wave to end. Lets see, I will update tomorrow as we go along.
@pankajvw, quite interesting... let's see how things pan out tomorrow
Hello Pankaj Please watch report of Ashish Kayal who suggest market is about to crash which matches your date which is 10th Jan

Nifty: Are we headed for a Crash in 2017? = Ashish Kyal
pankajvw HappyVijay
@HappyVijay, Right, thanks for sharing!
Sir Does Time wave tells whether its a Strong Bull day or Strong Bear day in advance ?
pankajvw HappyVijay
@HappyVijay, no that cannot be known. What we know through Timewave is turn dates. For levels I apply Fibonacci.
pankajvw HappyVijay
@HappyVijay, You can go long here. Maintain TSL at 8180 NS. Buy only future of 400 points deep in money option: 7900 CE.
Pankaj Sir, If correction comes near 8327 and goes down can we buy Nifty for 8380 taregt ? And if yes @ what level be safer to Buy
pankajvw HappyVijay
@HappyVijay, yes, we can, I will indicate the buying action here and on my telegram channel timingnifty. keep following, thanks!
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