Nifty Elliott Wave forecast
We have completed 3rd wave in internal and also completed (A) wave correction and now nifty will approach its (B) correction wave(which is upward), it may touch 61.8% upside of wave (iii) which can be found at 13569 and then will be moving downward for (C) wave.
Long can be made at present levels for (B) wave or after completing (C) wave, i.e., 12941-12950 for 5th wave.
Always use a stoploss to hedge your position.
I too lost today in my longs.
Regards
We have completed 3rd wave in internal and also completed (A) wave correction and now nifty will approach its (B) correction wave(which is upward), it may touch 61.8% upside of wave (iii) which can be found at 13569 and then will be moving downward for (C) wave.
Long can be made at present levels for (B) wave or after completing (C) wave, i.e., 12941-12950 for 5th wave.
Always use a stoploss to hedge your position.
I too lost today in my longs.
Regards
Comment:
Yesterday took 13400 ce at 150 and recovered the loss using this chart.
Trade closed: target reached:
600 POINTS SINCE UPDATED THE IDEA.