Nifty Weekly

Published: Mon, 02/08/16

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Market Trends
Dear ,

At Indiacharts we intentionally avoid Tips/Calls in our Format. Elliott Wave Forecasts that combine Pattern recognition across Price, Economic, and Business cycles generate the Highest Probability Results. It is our endeavour therefore to give you views that work. To understand my work I urge you to watch the Elliott Wave Basics Video. Then learn how to execute a view using Position Sizing and Trade Management tools in the second Video. This should help you develop your own investment/trading strategy like a Pro. Here are the Video links. Feel free to write to me with any queries.

IC Charts

08 FEBRUARY 2015 

The weekly elliott wave commentary with Targets and levels is published every Sunday to Subscribers, This is only an excerpt.

MEDIUM TERM

NIFTY ELLIOTT WAVE UPDATE 

Nifty closed down for the week after a one week positive move. So that breaks the 2-3 week cycle. The break should be a good thing as it breaks away from the pattern of the entire last year. The RSI on weekly charts is holding above 38 for months with a positive divergence .....  READ MORE

nifty060216


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Rohit Srivastava
www.indiacharts.com
For accurate market forecasting. Market forecasting is a study of past data to assess
future probable outcomes. It is our endeavour to discuss high probability outcomes for
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Price levels are based on Fibonacci maths and are only indicative of what the mathematical
model throws up. We may hold positions in the stocks/markets discussed and are
interested in the views and opinions expressed. This is not a recommendation to buy/sell.
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