Tue 24 Jan Nifty Timewave view

pankajvw Updated   
NSE:NIFTY   Nifty 50 Index
Tue 24th Jan 2017 Nifty View

Hi All ,Good Morning!

Nifty is up at least till 30th Jan and first two possible levels are 8540 and 8606. One shall go long at the opening in deep in money options or future of Feb series, and if holding Jab series, then roll over on Thursday.

Yesterday short term Timewave indicated down move has ended and we immediately closed short position and went long.

TSL is 8320 NS .
Exiting here, as the short term wave has ended. Do not short. Will update on when to go long again.
Going long in Feb series
Going long in Feb series
Nifty comfortably above previous resistance 8460. :)


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