Nifty in “uptrend” till above 22625

In the current scenario, 1 possibility exists:-
1st done 16828–20222; 2nd wave done @18838; 3rd wave unfolding

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

For Wednesday: Nifty in “uptrend” till above 22625

Day CPR :22659-690(31); Week CPR: 22461-22496(35); JNSAR: 22448

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

Trade plan:

1. BULLS: Last Rise Retracement @ “22625″ must hold for higher targets of 22725 & 22775
2. BEARS: Last Fall Retracement @ “22725″ must resist for lower targets of 22575 & 22525

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. http://bit.ly/2Zj9v3W</a