Nifty Market Update

Published: Mon, 11/20/17

     

Dear Members,

20 Nov 2017


MEDIUM TERM

NIFTY ELLIOTT WAVE UPDATE 

Nifty closed down for a second week forming a long lower shadow. Is the correction done or was this a dead cat bounce. While near term options are open the big picture remains convincing. The Chart of the week is the BSE Industrials index. Among the new kids on the block, these new indices get an award for their look so far.  READ MORE

industrials


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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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