DineshKrishna
Long

NIFTY DETAILED INSIGHTS - ANA ELLIOTT PERSPECTIVE

NSE:NIFTY   Nifty 50 Index
Greeting traders and investors,
Been a while since our last publication
Now back to the business
POST COVERAGE - NIFTY LONG TERM, Medium term & short term (DETAILED ANALYSIS WITH VIDEO PRESENTATION for free)
NIFTY has been riding high waves for a while and the main thing that is fish about the move is, it is not supported by the psychology and this move precedes a big decline, which will last for months to years and to know how the psychology is influenced by various factors, lets just understand the smallest elements to largest elements in the evolution of markets.
The NIFTY has been rallying past 7 months without any pause and it is also nearing its greatest resistance - all time highs of 9119 and the moves beyond this point is really challenging a trader.
Various challenges are detailly explained in the BLOG POST in our website,
http://www.mytradingcourses.com/single-p...
Sep 26
Trade active: Despite today's fall watch out these levels 8686 & 8631 - good levels of support and could be an area where the market turns out to reach its target 9119.
is 6821 a historical peak? sry, cant get back values, so asking.
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price has tendency to always go up. so, corrections apart, nos. has to go up1
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very nicely summarized.
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nice analysis !!!!
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Thanks. hope it helps - feel free to ask for any clarifications - glad to assist
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