AmitDabade

Nifty at 8k+ levels?

NSE:NIFTY   Nifty 50 Index
Seems like History is about to repeat itself!!!

Comments

9k is possible. and other thing is by the time corection takes place, the red line will move up..
lets see what it does at 9700 to 9800
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It doubt it . Because the current eave starts frm 6937. Ur earlier circle is the mother wave . We are in the great grand son of the mother wave.
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AmitDabade AJAYSHARMA
@AJAYSHARMA, will have to wait for confirmation.. once last lower low is broken that will be a confirmation
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AJAYSHARMA AmitDabade
@AmitDabade, I said that because I look at waves . If grandmother channel is broken . Its a highway to hell .
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AmitDabade AJAYSHARMA
@AJAYSHARMA, I know and I agree with you :) I'll wait for confirmation of lower low. Between just to add something else, Nifty made a high in Jan '18 then a low in Mar '18, recently a lower high, What's next (lower low), may be may be not?
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theshamik AmitDabade
@AmitDabade, History dont support your statement..in dowjones and nasdaq from 1982 till 1999 oct there are so many times lower high was formed for short term but then journey continued..also lot of times 200 DMA was crossed down stayed there but again up journey started.. even in nifty i can see lower high formed in journey from 6900
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