I visualized your clearly yesterday (5)wave of NIFTY

NSE:NIFTY   Nifty 50 Index
I visualized your clearly yesterday (5)wave as a target from Major Channel if you don't forget it.

Overlapping, and (5th) leg both are a sign of the big move. We can analyze the correct direct due to the live market from a higher timeFrame. I will update here direction and chart.

From TimeCycle, we are really very near to close pattern and Wave.
Trade closed: target reached


Nifty got rejected exactly at your resistant 11686. Good analysis.
+3 Reply
@elangocs, Thank you, it's intraday view therefore alway require correction in numbers.
good work
+1 Reply
@youngwolf22, thank you
simple and clear your TA... good work
+1 Reply
Kinnari_Prajapati dharmesh123us
@dharmesh123us, thank you.
Good morning, I've requested earlier too, please spare some time and advise what is appropriate at this point of time for a short Infosys position @Rs. 775. Does is make any sense in holding this short and wait for a dip. pls help.
+1 Reply
ipuneet Kinnari_Prajapati
@Kinnari_Prajapati, thanks... will square of my position on 1st opportunity.
@ipuneet, There is a series of tails, means there re a lot of wanting short and lot of want to buy it. its like war. Generally, 75% wins short in this situation.
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