Nifty EW analysis:
Check these links:-
http://postimage.org/image/2wzjtrkec/
http://postimage.org/image/2cwwy7n8k/
NIFTY SHORT TO MID-TERM Overview:
Nifty is in correction of type DOUBLE ZIGZAG i.e. correction is not complete & target is 4700. But 4700 can't be achieved directly i.e. NIFTY must complete three phases a.b,c for second round. Frm which a is near completion @5400-5200. Then bounce back to 5600-5650 & then return to its low for another bounce upto 5800-5850 levels as b wave AND THEN ULTIMATE JACKPOT FALL TILL 4700 as c wave.
If this happens then a NEW UPMOVE will come that will TAKE NIFTY TO NEW HIGHS ABOVE 6300 WITH A LOT MORE VOLUMES AS WAVE 3(3) FOR UNLIMITED RETURNS.
If my wave count is CORRECT & this is likely to happen soon &
i will update regular moves with targets.
ALERT: If this not happening then BUY @ 5950 without even thinking.
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Check these links:-
http://postimage.org/image/2wzjtrkec/
http://postimage.org/image/2cwwy7n8k/
NIFTY SHORT TO MID-TERM Overview:
Nifty is in correction of type DOUBLE ZIGZAG i.e. correction is not complete & target is 4700. But 4700 can't be achieved directly i.e. NIFTY must complete three phases a.b,c for second round. Frm which a is near completion @5400-5200. Then bounce back to 5600-5650 & then return to its low for another bounce upto 5800-5850 levels as b wave AND THEN ULTIMATE JACKPOT FALL TILL 4700 as c wave.
If this happens then a NEW UPMOVE will come that will TAKE NIFTY TO NEW HIGHS ABOVE 6300 WITH A LOT MORE VOLUMES AS WAVE 3(3) FOR UNLIMITED RETURNS.
If my wave count is CORRECT & this is likely to happen soon &
i will update regular moves with targets.
ALERT: If this not happening then BUY @ 5950 without even thinking.
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