Incisive Nifty Trend Analysis

[a1b1trader]

IMO
You have bought april calls, somewhat early
Should wait for some days, may be 3-4 days

 

[Option.Trader]

first impulsive structure seen in Nifty after earlier high. I have bought
April calls.

Nifty SPOT 10 Tick

For impulses to appear in longer time frame they must first appear in smaller TF.

It sure looks like a BO, but 6500 April calls are trading with 200 points premium

 

[Stock trendy]

Most stupid TA is EW
i do not fallow any ta.
Any way where is Mr Prada..!!

 

[NANDAMAD]

Boboji,

fantastic - last two posts

 

[a1b1trader]

Last move up before the fall.

Hi BM
You said NS maximum 6850
The level is for this rally or for the present upmove only.
Further, this max is before any major correction or after it.
I mean NS will reach max 6850 and then correction
Or first a correction and then upmove to 6850.

Do you also mean that there wont be any further upmove beyond 6850 in near future, say next 1-2 months.

Please clear the position

Thanks

 

[timepass]

There seems to be a truncation. Longs please be carefull. The rally may have ended.

Hi, after the market, can you please explain this "truncation" thing ?

 

[toocool]

@bobomonkey good analysis

How much time did you take to reach at this level of understanding of EW?

 

[toocool]

about 6 months, 8-12 hours a day.

Only problem I can see in the analysis however I am not a EW expert.......

In truncated 5th 3rd wave did not even crossed high of the 1st............ As I said I am not practicing EW but are you sure it can happen?

 

[a1b1trader]

Thanks BM, for your analysis and update.

So, in the light of this new development, truncation of the wave 5
Do you also mean that there wont be any further upmove (beyond 6777) in near future, say next 1-2 months.

BTW, could not get to this line, please elaborate a little.
What does it result in further movement.
"There is no truncation on hourly but only on 10 minute and tick tf."

Thanks

 

[mayurjobanputra]

Dow Down almost 1% and Nasdaq down by 2.67% Last Night.............Sgx made made high of 6805 and closed at 6060 that is 15 point up...........

What to expect on monday morning...............?

Gap Down opening as US market dips heavily.............