pankajvw
Short

23rd Jan Nifty Timewave View

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.

Comments

Hi Pankaj - Can i short now? or buy deep ITM puts?
Reply
pankajvw krish2052
@krish2052, Hi please go long in Feb series in deep ITM tomorrow.
Reply
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