According to Elliott Wave Theory, 5th wave has already traveled for more than 2.618% reverse Fibonacci retracement of wave 4. Now, bullish momentum can push it up to 134 – 136 at 3.618%.
NSE Balramchin & Britannia
Balramchin & Britannia Elliott Wave Projection: Click Here →
Wherein we recommended selling Balramchin & Britannia. Have you done this? Because both stocks have touched all targets.
What else do you want?
Nifty Is in the Fast Lane, But Where Is It Going?
Today, nifty has surged +331.9 rupees. And its overwhelming moves indicate that nifty may decline up to 15880 – 15686 before skyrocketing. But this could happen if it does not stay above the 16540 level. Intraday traders will see 16500 – 16540.
At present, the 16540 is a hurdle (resistance). If Nifty50 breakout this level and close above it, then you must understand that bulls have stepped in.
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Have you any questions/feedback about this article? Please leave your queries in the comment box for answers.
You are a great analyst sir
And you please keep continue
Thankyou so much sir ji.
Appreciate your hard work! I have never seen such a beautiful wave count.
Thank you for sharing this idea.
I am bullish on indices, and I got signal form your side.
Cheers!!!
Sir Britannia ka target hit hogaya usme profit bhi hua and maza bhi bahut aya.
I am much obliged.
Hi, Dev, excellent step by step analysis. Look like every thing is +ve.
Keep posting…. Thank you!
I am also Elliott wave analyst. I can see optimistic outlook of nifty from your idea. However, this trend may be a correct.
short n informative