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Nifty -1.76% after touching high of 8960 has now entered into correction mode !!
So wave 5 ends of Wave 3 of Wave 3 !!
Expect this correction to complete either at 8550 ( Less chances ) or at 8700 levels !!
Wait till the FED meet this month -- Once FED goes with no rate hike -- Expect markets to touch life highs !!
So Now we are at 8600 --...
Howdy Everyone, I'm biased today !!!
From the title itself you will be knowing that Nifty is on Bullish mode, yes true. Yesterday we had Descending triangle pattern & I mentioned that upmove is not gonna happen yesterday. But its time Now, as we have clear Airspace & Runway, Let's signal the Nifty to take off. I'm expecting around 70-100points gap up, big one but...
Nifty after touching high of 8960 has now entered into correction mode !!
So wave 5 ends of Wave 3 of Wave 3 !!
Expect this correction to complete either at 8550 ( Less chances ) or at 8700 levels !!
Wait till the FED meet this month -- Once FED goes with no rate hike -- Expect markets to touch life highs !!
So after our last post -Nifty : Brexit Gone - Now What Long
The market has risen by more than 8% - i.e Nifty 0.89% .
Nifty is now in a consolidation mode -- which we expect to be over within next 2-3 days - rebound might happen at 8471 and if it breaches this then the next stop 8400.
Wave 5 of wave 3 in play - means complete wave 3 will be ending soon around...
Happy Monday Guys !
With 29 mins to go before Nifty goes live for the day, It will be thinking as " Shall I Gap Up for the day ?? " " What I can do to surprise them ? " . We are getting back to back patterns, we had Bearish Cypher which resulted in fall of Nifty & Bullish Cypher which kicked the price for Gap Up on friday right on Target-1 and Now, we have...
Happy Monday Friends !
Probably,few have Monday blues but we are the ones who wait for Monday...This particular post is kind-of educative analysis to determine overall view of the markets purely based on prediction from my experience.
Let's check our surfboards right away & get it ready to surf along Nifty waves...
Next resistance level for Nifty around 8800's...
