Nifty elliot wave Analysis

Price structure is suggesting in Nifty(spot) its 

prudent to be Fearful now as the 

Trend is definitely onto the mature stage 

As of now Nifty(spot) took our resistance lvl @ 8446-8496 though we had

a minor reversal from our ZONE of resistance which gave roughly 100-125 pts

but still we did'nt book the Profits as our TGT was around 8250 zone eventually

we suffered a minor loss in the whole trade now the big question is when will the 

reversal come BELEIVE me REVERSAL IS BOUND TO COME VERY SOON.

idea Elliot Wave Analysis

We posted on Sep 1 2016 to lookout for support for idea @ 62/68 lvl our support was held @ 65 from there fantastic upmove has been witnessed in the SCRIP

The beauty of Elliot Wave Analysis is you know beforehand when to be 

Fearful & when to be Greedy

this is the chart we posted with detailed analysis as on SEP 01 2016

The scrip had a upmove of more than 30%

Nifty Crash 2017

Prepare Yourself !!!

Nifty Elliot Wave Analysis

First of all a very Happy New Year 2017 we have very good Risk/Reward trade in Nifty forming besides us since Resistance lies 

@ 8446-8492 shorts can be initiated for quick reversal in Trend.