nifty hourly charts showing negative divergence while Elliot waves counts & stocks are suggesting uptrend so I am expecting a strong move ( may be 4-5% up by the end of the day) on Tuesday with a gap up opening breaking all time high..
get ready for the action !!
* for educational purpose only, trade at your own risk
Heavy inflows of foreign money & intensity of rise & gaps in every rise is giving indication that we are in 3rd wave of 3rd bigger degree
and I wont be suprised to see this trending 30000 levels in nifty
the fall we saw at 7500 can be 2nd of 3rd as 2nd wave fall is generally seen intense ,bigger degree 2nd waves are seen at 61.8% to 78.6% while in...
moving towards new high towards 13100 and then small correction in form of wave 2 of bigger time frame of 5th wave, let see how it turns out
* this is for educational purpose only ,trade at your own risk only !!
looks like wave C is going to complete as per Neo wave analysis at 25200 levels
we can enter longs around 22800 levels if it pullback for 29000 levels
* trade at your own risk, post published only for educational purpose and discussion !!