Dear traders, I have identified chart levels based on my analysis, major support & resistance levels. Please note that I am not a SEBI registered member. Information shared by me here for educational purpose only. Please don’t trust me or anyone for trading/investment purpose as it may lead to financial losses. Focus on learning, how to fish, trust on your own...
In this report I'm taking a look at the alternate Elliott Wave Count for Nifty as the Invalidation level is now crossed.
As of this point in time it seems that the bulls have taken control and a new impulsive leg is in progress.
Two trading strategies can be implemented for this particular market.
1. Getting long above the 8670 region which will result in a...