Nifty Weekly Update

Published: Tue, 04/17/18

Follow:

Dear Members,

16 APRIL 2018

The weekly Elliott Wave commentary with Targets and levels is published every Sunday to Subscribers, This is only an excerpt of our observations from recent publications.

MEDIUM TERM

NIFTY ELLIOTT WAVE UPDATE

Nifty weekly channel. A reverse channel is when you take a trendline of the highs and use the parallel channel at the bottom to find support. For Nifty on an arithmetic scale this line comes in at 9884. Very close to the recent low. In short we did not break this support line. The March swing high at 10631 is the first resistance level. Can prices make it to the upper channel line? Last week I discussed in detail the long term wave count and reasons for it in this YouTube video [https://youtu.be/tSBVe2xMk5M], READ MORE

nifty 160418

'' 30FREE ''

Use Coupon Code - Get Started

Don't WAIT for this update! GET Nifty Daily Weekly and the Monthly Long Short report and everything else directly in your mailbox

STAY AHEAD of the market turns. 3 Steps away. And WORTH many times more than what you pay.

Go here SUBSCRIBE NOW

CCAVENUE - 10$ / Rs.700 PER MONTH

~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
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.
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~