murthyonline

NIFTY..5th wave Started?

Education
NSE:NIFTY   Nifty 50 Index
Nifty moved in expected lines as mentioned in the last post on 3rd November. It made a high of 10922 (10937-80 given on Nov.3)
and started reversing in sub-sub wave and heading for 10700. From there fast upmove expected to 11080-200 levels.

Then again a down move to 10700 levels and move up to cross the ATH . From there another fall expected which can take longer
time and not expected to go below 10700. All these figures will be fine tuned and updated before the event to unfold, if there is any change. These are the view as on date and supercedes all previous posts.

It seems the 4th wave ended and 5th wave started and confirmation will be once it breaches ATH .

All these views are for purely educational purpose and may or may not be good for trading. Please consult your financial
advisor before taking any trade as the writer or the website will not be responsible for any of your such actions.

Comments

Nifty clossed below 10700. What is your view now sir?
+1 Reply
Hi - Would like to know, what do you make of the Nifty's death cross on the daily charts? The 50 DMA is still trading below the 200. Does this affect your current view?
Thanks for your insightful analysis on the markets as usual.
Reply
ajit602
11 hours ago
Hello friends,
ANY BODY INTERESTED IN NIFTY AND BANK NIFTY LEVELS FOR FUTURE TRADING, CAN JOIN ME FREE OF COST FOR 3 MONTHS. MY STRATEGY IS BASED ON POSITIONAL TRADING IN NIFTY AND BANK NIFTY FUTURE'S. BY FOLLOWING MY LEVELS, YOU CAN EASILY EARN 2LAC PROFIT IN 1 YEAR BY TRADING 1 LOT NIFTY. YOU CAN ALSO BACK TEST MY LEVELS AND YOU CAN TRADE ALSO. INTERESTED TRADERS CAN MESSAGE ME. Thanks what's app no. 9494280602. Say hello
Reply
Bapu2018 ajit602
Hi
Reply
excellent
Reply
👍👍👍
Reply
Guruji
Thank a lot
Reply
excellent ! as always ...
Reply
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing Refer a friend House Rules Help Center Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Blog & News Twitter
Profile Profile Settings Account and Billing Referred friends Coins My Support Tickets Help Center Ideas Published Followers Following Private Messages Chat Sign Out