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yogi_sharma_elliottician
Jan 13, 2021 8:46 AM

#nifty bounce back Long

Nifty 50 IndexNSE

Description

Nifty might probably make new ATH once again from here.

Comment

14/01/20- 14:08 hrs, made high at 14615, crucial resistance, will not hold now.

Comment

15/1/2021 warning can touch 14385 before moving up, slight correction can happen. If happens then it we could get better entry for long.

Comment

15/1/2021 10:31 hrs, seems nothing to worry now

Comment

15/1/2021 11:14 hrs captured 70 and 100 points upside past two days, today we lost 30 points. Closing this idea for now.
Comments
starttrade2020
you said dont hold for longer time I dint understand that assuming you said that above 14570 it can touch 15k .
yogi_sharma_elliottician
@starttrade2020, probably, but 14620 acted good resistance today, so. Maybe it might open gap up tomorrow
consultanilkumarg
@yogi_sharma_elliottician, ji the view that 15140 if nifty holds 14580 still stands good right? today also it held above 14580
yogi_sharma_elliottician
@consultanilkumarg, absolutely yes!
JagdishKumarPahuja
Good understanding on wave count .When does wave count changes. Does it change red, red, white .if so wave changed Or we have to 5-6 candle to form a fractal .Wave count is the most difficult job to arrive at correct wave count.Is any thump short cut .
InvestPro_India
Great analysis as always.
yogi_sharma_elliottician
@InvestPro_India, thank you sir
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