pankajvw

23rd Jan Nifty Timewave View

Short
pankajvw Updated   
NSE:NIFTY   Nifty 50 Index
Hi All,

Now finally Nifty has given a clear indication, and now its surely down till tomorrow, 24th Jan, the expected levels to be achieved are 8290 and a bit further down is 8243 as per Fibonacci ratios shown in the chart below.

Short Nifty at the opening, maintain TSL at 8430 NS . But now its guaranteed down.
Comment:
Exiting here at no profit and no loss, and going long with TSL at 8320. Downmove ended here.
Comment:
Next turn date is 29 Jan, up till then. Levels I will communicate in tomorrow's post.

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