Nifty Elliot Wave Analysis

We Nailed the top once again its just outstanding,as it was mentioned on the 20 Sep post Nifty did not manage to give us closing above the 8000lvl and collapsed thereon almost 300pts!!!

This kind of precision is only possible by Reading the Markets with the help of Elliot Wave Principle

Once you put in the effort to read and apply the rules of the principle, 

YOU BECOME ABSOLUTELY IN SYNC WITH THE MARKETS 

the rewards are humongous and the desire of 

"BEING RIGHT with MAKING MONEY" 

becomes A self-fulfilling prophecy.

I mean you catch the minutest of the moves in the market by putting in the time and once the principle is learned then it can be APPLIED EFFORTLESSLY. 

As per now we have support for the markets @ 7355-7382 if held we can have a bounce back or if we break the lvl's then we are headed for 7100

TIME WISE WE HAVE A CYCLE APPROACHING BETWEEN 25th-30th SEP
AND THE SECOND TIME CYCLE AT 2nd-10th NOV

Nifty Elliot Wave Analysis

As mentioned onto the previous post nifty did achieve our both tgt 

On friday it traded above 8000 lvl but could not close above the same 

As of now Wave 4 is looking completed and down move should start.

If closing above 8000(nifty spot) Exit Shorts

will look for shorting opportunities around 8080/8200

Nifty Elliot Wave Analysis

Nifty rewarded us with swift recovery which was mentioned on the previous post

WE achived our frst tgt 7856 now 2nd tgt 7911 should be achived this week

Now for the comming week we have STIFF RESISTANCE AT 7950-7982

CAN Create Shorts around the same level for 150-200pts profit

Stp 8000 nifty spot (closing)

Elliot wave Analysis Nifty WE NAILED THE TOP!!!

WE NAILED THE TOP AS IT WAS MENTIONED ONTO THE PREVIOUS POST ON THE BLOG NIFTY FELL ALMOST 450PTS FROM THE PROJECTED TOP.

With the help of elliot wave analysis moves like these becomes clear.

FOR THE COMMING WEEK

As per the current structure we are very close onto completion of wave (v)3 downside with this structure getting completed we will be completing our wave 3 and wave 4 upside to start soon enough.

The support stands at 7555/7510 and tgt 7856/7911 

ELLIOT WAVE ANALYSIS NICKLE WAVE 1-5 COMPLETED BRACE FOR UPMOVE!!!

Nickle has completed wave 1-5 pattern on downside we are looking for longs to be initiated with strict stp 620 tgt 740/782