NSE_EOD:NIFTY   NIFTY 50
191 10 4
posible move long
Thank You.
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welcome
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AMBRISH TomBurgoine
It is nice of you to post your idea on Nifty. your comments on Nifty is welcome. if it cross 7906 then it will be bullish, next week is important as R.B.I. will announce monetary policy.
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AMGO AMBRISH
I have a probable wave count on weekly basis for nifty data which I believe could be the another possibility. You can down load chart at https://wordpress.com/post/amgonifty.wordpress.com/110
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AMGO : Thanks,
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looking at the global market its about to bearish close to 6000 ? what making you think it going long ?
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Just basic elliot wave principle however, I could be wrong. Its just my view.
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TomBurgoine TomBurgoine
Im wrong 50 percent of the time.
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djhimmu PRO TomBurgoine
im pretty much new to the market and not much technically strong , very basic idea i have is ? if Dow jones - NASDAQ and Chinese market falls .. Its pretty sure that Nifty will follow their foot steps.

On a longer run nifty still requires quite some correction and would settle by the end of the year . All of these sudden swings is very much uncertain
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you could be right. I haven't been trading long myself and don't follow the news etc. I deal with each chart on its own merits and technically analyse it. the world moves in mysterious ways and when you think you have found a pattern it changes.
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