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UnknownUnicorn3009585
Jan 4, 2019 11:32 AM

Where is Nifty Headed for 2019?  Short

Nifty 50 IndexNSE

Description

Where is Nifty Header for 2019? According to Elliot wave theory, Nifty has almost completed its [B] wave and it is already feeling the heat. Fibonacci and Gann are showing respective resistance and support levels. We will be starting a [C] wave cycle soon. Time to buckle up?

Please trade at your own risk. This is not a trading advice.

Comment

Nifty is losing momentum, before entering wave (c) on weekly charts. Now Almost at the end of wave (b).

Comment

May be I Predicted the future a bit early by a year. Carnage isnt over yet.
Comments
UnknownUnicorn3009585
May be I Predicted the future a bit early by a year. Carnage isnt over yet.
cedarfox
A retrace to long term 50% fib line at around Rs. 6300 is possible, IMO.
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