pankajvw

Wed 11 Jan Nifty timewave view

Long
pankajvw Updated   
NSE:NIFTY   Nifty 50 Index
So as you must have noticed on 2nd Jan itself Timewave had predicted Nifty will remain upward at least till 10th Jan, and look, in spite of FIIs selling throughout, some trend lines being broken, so many bearish views from fellow traders and analysts, negative news flows, Nifty slowly and steadily kept moving upward exactly as predicted by Timewave.

Today Nifty indicated that its not going to stop at and turn down here on 10th, but is up again till next turn date 12th Jan!

In the chart above I have indicated two positions which I had taken along the way, one of 2nd Jan at 8190 and second on 6th Jan at 8250. Both are in profits.

Timewave does demand some patience. Its not an intraday thing, but a hugely rewarding one.

Trade active: Nifty is opening right at my first target 8327, continue to hold.
Trade active: Second target 8377 also almost achieved, continue to hold.
Trade active: Third target is 8444.
Trade active: Carry forward.

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