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yogi_sharma_elliottician
Jan 22, 2021 5:54 AM

#Nify50 : The three points of reversal 

Nifty 50 IndexNSE

Description

look for these three levels where we could find a reversal for ATH again or for 15000.
Look for a confirmation around those points. Level 1 could be a major point where we can find a reversal. Trade with confirmation. Price most probably will not go below 14222.

Regards
Comments
starttrade2020
looks like it has reversed now and will stop around 15k near budget.
yogi_sharma_elliottician
@starttrade2020, filling the gap, have to wait for reversal
Autocratic_Rohit
where I could learn about that "WXYZ" pattern?
yogi_sharma_elliottician
@Autocratic_Rohit, google it, there are many books as well
PRITIBOKDIA
i too thought 14220-240 levels will be good support and a bounce to 14453-14600 levels and then fall again as RSI was oversold. but as they say markets are supreme, NIFTY LAST 800-900 point fall is replica of last rally infact it has given up all its 2021 gains and closed below 13981. NIFTY will be bullish only on close above 13981-13996 levels.
ckirtane
sgx nifty is 14439,will nifty take support at today's low of 14350? i have sold 14500pe jan.
smartinvestorakavikas
sir how n where i can learn elliot waves
yogi_sharma_elliottician
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