21 February 2019
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 did not break the 10585 swing low making for a short term double bottom, but the real question is how far up next. Elliott wave analysis provides that insight, what it does not tell us is how long will we keep whipsawing above the 10600 mark. It is almost two months and in the meantime the Midcap indices just completed a 6 weeks relentless decline to the lower end of their range on weekly charts. So a bounce back is given but is this just another dead
cat? READ MORE
