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RR0055
Oct 10, 2020 8:08 AM

Waiting for wave 2 of wave 5 to form Long

Nifty 50 IndexNSE

Description

Nifty completed its wave 4 and trying to form wave 5. I think wave (i) of wave 5 was almost completed & I am waiting for wave (ii) to form around 11700 - 11650 level. if it will find support at that level and stops then the huge wave (iii) will starts and reach pre COVID level.

Buy Nifty future around 11650 - 700 with stop loss of 11500.

or

Buy ITM call option when its reached 11650 level.
Comments
ckirtane
VERY GOOD PREDICTION. KEEP IT UP.
VishalSancheti
wave ii can go upto 10900, my looks will be 11460-11400 and reverse from this level to new 3rd wave
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