As i mentioned yesterday Nifty didn't touch 9018 level, Nifty fell into the range bound for another couple of days.
As per Elliott wave count Nifty finish its 5 of 3rd wave and 4th wave would be Range bound. Target for this corrective wave is 8700 - 8692. Its very tight range we can enter BUY on those level to capture the final leg of this entire B wave i.e....
NIFTY approaching strong resistance zone 8975 - 9018, Wait and sell on 9018 level. If this level is not reached by today we can expect further correction upto 200 points.
Today is major GANN pressure date, today we can get reversal on 9018 level. If this not happen means wait for another one month upto APRIL.
But long term view market fell to 6725 with in...
Nifty approaching strong resistance zone @ 8975 - 9018. As per My elliott wave count b wave of entire corrective structure going to be end. Enter Short on Nifty target for c wave 6725 level.
HI EVERYONE, As per my last post i mentioned Nifty reaches its 3rd of 5th wave resistance level. Yesterday market hold on 8650 and confirms the nifty enters into short term corrective structure.
Wait and enter long on Next month. NIFTY Targets are 8737, 8975 and 9018
Hi Every one,
Nifty trend should continue next month also but in near term there is two MEDIUM term trend lines are ahead. So i am expect possible TRUNCATED 5th wave. Next month target should be around 8900.
Possible reversal dates 10 or 14 FEB 2017