Nifty Nifty logs into corrective mode..

In the current scenario, 1 possibility exists:-
1st done 1682820222; 2nd wave done @18838; 3rd wave unfolding

3.1:18838 22124;
3.2:2212421137
3.3: 21137 – unfolding..

For Monday: Nifty logs into corrective mode..

Day CPR :22551-615(64); Week CPR: 22560-640(80); JNSAR:22541

For ST traders, the Hour Trend indicator(MACD): is a great tool to initiate, hold & exit positions.

Trade plan:

  1. BEARS: Last fall Retracement @ 22625″ must resist for lower targets of 22425 & 22325
  2. BULLS: Pivot Table Support @ 22450″ must hold for higher targets of 22575 & 22650

Learn to count 1,2,3,4,5 & a,b,c & its repetitions “n” of times in stocks & indices with.. Frost and Prechter’s book “Elliott Wave Principle”- a free online version of the book is available here – the link. bit.ly/2Zj9v3W</a

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