rishiisal
Short

Nuke Incoming?

NSE:NIFTY   Nifty 50 Index
Finally found a high probable count. If this works out, then we are in bear market for atleast 6+ months.Technical confluence like RSI Divergence, double top , Resistance, supply zone , denial at median line , soon Moving averages will reverse and EW count all in favour of BEAR. Also Price almost tagged median line . I don't see any long opportunity until 10900-10700 range, if this range is breached we will loose buy side algo and market can test that 10k support or potentially even go further. Lol this could be trade of the year with 200 points only risk. Expect a Nuke soon fellas. This EW count may be wrong and if it is wrong please correct me. Thanks! Cheers Bears.
May 05
Comment: Top is in Bulls.
May 08
Comment: Can Nifty bulls accept new lows?
May 20
Comment: Invalidated. I was wildly wrong.
you cant predict when a big event is near..
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rishiisal mklives
@mklives, Yes man agreed. Predictions are worthless. Everything is based on probabilities.
+1 Reply
@mklives have a look, valid counts, can happen, but will move step by step, just keep this structure in mind as well.
+1 Reply
mklives yogi_sharma_elliottician
@yogi_sharma_elliottician, yes i am on the watch for shorting ..as i said nify went too fast with few biggies only moving it..
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