Tue 20 Dec 2016 Nifty Timewave view

NSE:NIFTY   Nifty 50 Index
The main advantage of timewave is that in a sideways market it does not generate any signal unlike technical analysis which keeps one in guessing mode. One just waits patiently.

So as I said yesterday, the downtrend has nearly come to an end, and now Nifty is all set to go high till 26-27 Dec.

I will keep updating this post during market hours, so please be sure to go through the comments. And feel free to ask questions if any. Thanks!
Trade active: An A-B-C Elliott wave view: