DineshKrishna
Short

NIFTY July FUT - Elliott Wave Analysis

NSE:NIFTY   Nifty 50
snapshot
Greetings traders & readers,
This Analysis for the JULY contract is special because this is a part of our exclusive service Premium trade setups.
To learn more about the Premium trade setup (PTS). click the link below,
http://www.mytradingcourses.com/premium-trade-setups
Now lets deal with the analysis in weekly time frame and just understand what is happening over there.
We have already discussed that the move from the deep lows have been in the corrective form (triple threes) within the impulse wave 1 in one larger degree and above all we have also given a clear area of resistance & the point of turn, which is what happening currently.
The NIFTY             has pierced the area that we have mentioned ( the area around 8333 - 8400 ) and this have been reflected precisely and having done what it is said earlier, lets also find what is about to happen in the near term future for JULY month contract and for the best understanding purposes the analysis have been carried out in daily charts with a detailed video ( which will give a clear perspective over the movements through all this time).
Continued in our website and the same is free,
http://www.mytradingcourses.com/single-post/2016/07/05/NIFTY-JULY-UPDATE
Feel free to ask for any clarifications through chat / comments in our website ( for instant response) and / or through our trading view Profile.

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Thanks for reading the article
Regards,
Dinesh. R
Senior Technical analyst,
LeadBrains - http://www.mytradingcourses.com - Trading Education & Training firm
Thanks .
Reply
Please avoid getting tempted and do not reverse your deals, the highest point that the market can go, is upto 8655, and even it can reverse from here as it is facing high amount of resistance in its current trend. the mentioned analysis is correct in all its ways & it is verified in our analysis..
if you do have any queries, contact us @ http://www.mytradingcourses.com
Reply
video updated in website..do visit it...!
Reply
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