Nifty and Video Update

Published: Wed, 06/21/17

     

Dear Members,

​​​​​​​21 JUNE 2017

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 

The weekly momentum in Nifty remains in sell mode as it enters a 5th wave amid narrow breadth low volumes and little participation. Non confirmation from the broader indices so far leaves the market tricky. Even a stock specific approach here is hard to get working as day to day movements are getting random. Stay alert with a clear trailing number to the trend. Expect a fight with weakening global equities and a falling crude price....  READ MORE

nifty-210617

  Nifty PSU Banks Dollar Dollex 30
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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 endeavor to discuss high probability outcomes for
traders and investors. However this is not a solicitation to buy or sell stocks futures or
options or any security. Trading in any financial market should be done with sound
knowledge and the help of a qualified investment adviser. Stocks based on the Elliott
wave model are based on the Fibonacci fractal of the market and momentum indicators,
targets are based on Fibonacci maths and are only indicative of what the mathematical
model throws up. This is not a recommendation to buy/sell.
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