Hello friends, as per Nifty Elliot wave theory nifty is near its buy zone near 21800 - 21900 its good opportunity to buy if nifty come this levels....
BUY Above 17633 (NIFTY 17550 CE) Target 17666, 17700, 17777,17826 Sell Below 17609 (17650 PE) Target 17564, 17514, 17483
78.6% retracement level will be the Important level. 17760 now act as resistance
Its really lethargic now . may be due to tommoros expiry . after expiry picture will be more clear
Hello Traders, wave i-ii-iii of wave (3) is done and wave iv is possibly unfolding. wave v - (4) - (5) is still pending which should push nifty index higher above the previous swing high of 18184.
Elliot wave counts from July 2022 to January 2023 Reversal expecting in next leg wait for clear reversal - positive close - channel break etc.
The Banknifty index has been leading ahead of Nifty .The flat correction on banknifty will get completed on 4077-41988 level and then the next wave impulse will start for the target of 43700 level as shown in arrow.
Hello Traders , Elliott Baba thanking you for giving your valuable time to read this idea . we have dome some calculation based prediction which is fully based on elliott wave theory . we have seen today 29th dec NIFTY was full range bound and hover bw 100-130 points and make a range . so tomorrow is expiry and it is special as year last expiry so we can see some...
Market CRASH CRASH CRASH but Elliotticians thinks another good prediction. Wave principle proves and always wins. As i mention last post there possibility NIFTY fall to 8035 level and in comment update there is possibility 7965 level. Next week we can expect further downside upto 7860 level. Still upside targets are intact 8445 and 8666. This time i ll give...