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tdurai84
24. Mai 2016 03:07

Nifty 50 Wave Analysis Long

Nifty 50 IndexNSE

Beschreibung

Nifty along through ABC corrective pattern, in that pattern b of (c) wave is progressing.Second half of the this year not good for stock market.

Reversal going to happen on 8100 to 8150 region.
Kommentare
Imprimus
Nice counting, it was spot on. I couldn't went long. I was waiting for 7650 and missed the trend. Keep updating counts, very helpful. Cheers.
nirav5
Nice work. First target achieved. With that 8069 level bearish butterfly pattern also got completed. Tomorrow we may see a reversal.
Imprimus
I have a same view.
Last 5th wave - ongoing 3rd wave till 8135 then correction and then maybe 5th failure way (which will be below 8135) or 5th wave might complete around 8200.
tdurai84
There is no room for retracement hit the target level one - 8078
sharewasi
Now spot nifty is nearing resistance of 7990, what are your views on Nifty?
is correction is over?
tdurai84
Exit from that level, nifty fell into very short term sideways. Enter on 1 june, target 1- 8078 and target 2 - 8175
sharewasi
Thanks for the prompt reply.
What is your outlook for the June ?
tdurai84
Reversal going to happen nifty fell to 6800 and 6300 level on this year end
UnknownUnicorn341544
you seem to be bang on as far as your analysis is concerned till date.... good work
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