India Nifty-- Let us trade the box...Till 8665--8670

NSE:NIFTY   Nifty 50 Index
209 9 7
Above 8645....Box Trading Nifty             Likely to test 8665-8670 ...where it shall complete its 3-wave             which has been put question mark in previous update....& then a fall in 4th Wave...

Abhishek             H.Singh, CMT
Best Regards,
Abhishek H. Singh, CMT
India Regional Manager
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India Markets-BSE, NSE chat room- https://in.tradingview.com/chat/#b4sFOMIVqPkq8gfQ

The following are the wave counts on minute chart. If there are any mistake please let me know.
My wave counts are also similar. Target seems like 8670-80. Tomorrow is a buy. further let see.
Abhishek..Correct me if I am wrong.....If wave 3 is 1.61% than wave 5 will not have much strength...max could be 8625 to 8632
No...If 3rd wave 161.8%...5th Wave has minimum target of equality to 1st wave...It is just a guideline...there are so many of them ...It keeps changing...for instance you are telling 8625 that means it is lower than 3rd wave in current scenario--8644..indirectly you are trying to tell that 5th wave is truncated--which is very rare case...usually it travels to similar high or little higher...but Indicators don't have that speed as compared to price rise---so you get divergence...Regards
udaya.gujaran AbhishekHSinghCMT
Thanks for Knowledge Transfer
Welcome Bro...
Nearly reached 8580
nice flag :-) Top!
AbhishekHSinghCMT PRO marihuana-aktien
I love flag's...lol...small but lucrative pattern...only problem --it shouldn't leak from opposite end...these day's we don't get good products...ha..ha.ha..Regards
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