chirag_Khasiya
Long

Nifty Elliott wave analysis for 12th Dec 2018

NSE:NIFTY   Nifty 50 Index
It seems wave (A or 1) is completed at 10565 and retracement levels for wave (B or 2) are given in chart. which can be used as buying zone with stop loss of 10333 which is of almost 100 points so plan your trade by analyzing wave pattern on live chart tomorrow. Good luck.
Tomorrow is good for short....At opening tgt 80 point minimum....Short near 10800 to 10820....
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Any chance for market down tomorrow around 50 points...?
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Excellent Call !!!
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@chirag_Khasiya
Grt observation any idea thru E W Analysis from which levels price will retrace as today it has closed at 10737.
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@ShankarM, will update in chart today
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arunaruk chirag_Khasiya
@chirag_Khasiya, Great Analysis.... Waiting for your post
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@arunaruk, new idea posted for 13th dec
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Though it did not retrace to your mentioned buying level but still i think that todays upmove has completed the wave "C" of bounce back corrective wave. It may also be second wave before the larger third wave may unfold downwards. whats your opinion
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@sktskt82, we will try to find out in today's chart.
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Accuracy and perfection at its peak....WOW....
Not just this one, but all previous posts are accurate too....Great knowledge...perfect analysis....
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