Wed 19th Apr Nifty Timewave View

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Hi All!
Made 107 points on Tuesday! (Please refer to previous post).

Now will go long at 9:40 on Wed 19th Apr.

The medium term bearish trend is coming to an end and will be bullish from here on for targets around 9370 NS.

Target date will be communicated later as we progress.

Stay tuned.
Uwaga
Hi All,

So today at 9:40 we are going long.  Actual bottom may differ slightly, but that does not matter.

As of now I see this new bullish short term wave ending tomorrow at 13:29. Will confirm this further as we progress. I am expecting 9240 to be taken out, because thats where previous bearish short term wave had started.

As for the MT wave first turn date is highly likely to be skipped so its irrelevant. By the way its Fri 21 Apr. I am expecting Nifty to be bullish for the rest of the month. MT target would be 9370 around, but please please do not buy OTM as that target would very well be achieved after expiry.

Currently at 107 points of profit.
Uwaga
Action: Please go long. TSL 9060 NS, Will raise it later. targets already specified.
Uwaga
Bought at 9107 NS
Uwaga
Actual bottom will differ slightly, I had already mentioned. And waves are slow these days in the start and tepid at the end.
Uwaga
Updated TSL: 9078 NS
Uwaga
Put TSL back at 9060 NS.
Uwaga
Sometimes Nifty spends whole day in sideways action, and then gaps up next day and scales up exactly as per timewave,
Uwaga
Please continue to hold patiently. Nifty has not tajen out 9079, the low point of the day around pre calculated time. Its likely to gap up tomorrow. Carry forward.
Uwaga
Even if 9079 is taken out, its still hold and carry forward
Uwaga
Please carry forward. Nifty ending the day very near our buying lvele 9107
Uwaga
This idea is being followed at:
Thu 20 Apr 2017 Nifty View
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