After a long time, I am feeling very positive about Indian markets and as I generally follow Nifty I am posting my findings on that.
I am not sure if Doom’s Day will happen, I am not sure if I will survive to witness my target in Nifty but looks like Nifty weekly charts are building a Wolfe wave and can run any day. I am expecting that to happen by end of this week or early next week. Whatever happens here are my levels along with chart to support my analysis.
Check the opening of coming Monday and follow the strict levels.
Aggressive Buyers:
Buy @ 4950 , Stop @ 4700 , Take Profit @ 5150 , @ 5300
Cautious Buyers:
Buy above 5400 , Stop @ 5200 , Take Profit @ 5700 , @ 5900 , @ 6100 , @ 6300 , ride above 6300 until at least 7000
Warning: Remember these trades are not for casual trader, day traders or swing traders. This is strictly for investors who are willing to hold onto their stocks & roll over their futures positions for a long period.
No comments:
Post a Comment