Wave-Projetion on NIFTY for "Swing Traders"...!

• 50% retraced 4th wave - 8957
  
• 61.8% retrace 4th wave - 8741
  

Wave 1 and 2, both connected parallel chance for finding 4rth wave. Intraday support 9100 nearby.

Short Sellers: first target 8965-8935 after breaking down the channel.

Next long position Trade Setup have two option :-

• Buy 8957nearby with minor stop-loss and,
  
• Last buy 8741 with stop loss 8700.

Actually I don't prefer to give both side trading levels, but above all levels are my planned to read and I am going to disclose with you. I will update if I take a position at any of the above plans.

Note: minor channel is not varified, its only random prediction.

Komentarz:

Exactly Nifty moved 9160 to 8957 as expected. (200 points)

Komentarz:

Exactly Nifty moved 9160 to 8857 as expected. (300 points)

Transakcja zamknięta: osiągnięto wyznaczony cel:

Target achieved as expected

Transakcja zamknięta: osiągnięto wyznaczony cel:

Fully Targeted.