Time Tuned Nifty
Time Tuned Nifty for May 2015
The current fall from 8844 is likely to continue till 20 May 2015. Subsequent move will be a fresh upmove or a correction to the current fall will be visible later.
For now, Bears should tighten the SLs on 20th. Bulls should hold their horses till then before entering positions with appropriate SLs.
After 20th, the targets I am looking at are 8370/8600/9100/9900 on the upside. But before that, it troubles me to notice that 5th of Wolfe wave is still incomplete. The fall may stretch till 8000 or a little lower, if it chooses to do so..
All the best to the readers.
PS: I am going to be very busy these days to be able to provide much help on the updates. Readers must keep appropriate cover for any positions taken.
Time Tuned Nifty for May 2015
The current fall from 8844 is likely to continue till 20 May 2015. Subsequent move will be a fresh upmove or a correction to the current fall will be visible later.
For now, Bears should tighten the SLs on 20th. Bulls should hold their horses till then before entering positions with appropriate SLs.
After 20th, the targets I am looking at are 8370/8600/9100/9900 on the upside. But before that, it troubles me to notice that 5th of Wolfe wave is still incomplete. The fall may stretch till 8000 or a little lower, if it chooses to do so..
All the best to the readers.
PS: I am going to be very busy these days to be able to provide much help on the updates. Readers must keep appropriate cover for any positions taken.