This is continuation part of other post on Nifty wave prediction, I guess if you have either followed your own plan or patterns insync with wave predictions just adjusted triangles without any spils, you will be riding waves from 8550 if you got in with cypher posted earlier, almost 200 points in Nifty...Just going more stronger. We can expect pullback to retest support @ 8700 before resuming bullrun. So those who missed hoping on this Wave 3 may get another chance, but ensure with your trade plan before getting long in Nifty. If we are unlucky we won't get pullback. On a side note, any of you got long in Bank Nifty ? 10 days back,We predicted for 20k's after pullback now we are so close to our target with whooping 500 points in pocket [check out in related ideas - Bank Nifty]. As far as my positions are considered, I didn't add anything after Target-1 exit [by cypher], still trailing stops for remaining positions... Enjoy the Wave 3 :)
Happy Trading !
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Note : wave count is mess when you draw on 1hr and shift to 4hrs, so take it as sample & practice on your own :)
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Looks like, those who stayed back will be unlucky, these are testing time friends when profits run higher, Don't let your emotions dictate & never chase a trade. Pls Don't enter by chasing Nifty.
In the Elliott pattern settings, choose Degree to switch between different wave cycles. Visibility tab would help you show tools only in the necessary timeframes.
Hope that helps.
InsiderB
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Sure... Next time I will check that out, Thanks for your support :)
AMBRISH
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Thanks.
InsiderB
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@AMBRISH : Are you long on Nifty or waiting for chance ?
In the Elliott pattern settings, choose Degree to switch between different wave cycles. Visibility tab would help you show tools only in the necessary timeframes.
Hope that helps.