Daily Chart
Weekly Chart
Interesting times scary environment are we heading much lower in Indian Equities or are we nearing bottom ???
Our previous update on NIFTY as per wave counts was 7th December on NIFTY
As we are in a correction of complex nature of W-X-Y-X-Z
It could well be a selling climax today
This week we could see more final pain in place
The question is we would make fresh highs this year or are we heading lower ??? Or would we cross 8500 atleast ???
The answer to the question is Wave counts suggesting Indian Equities we may hit fresh highs this year ....
The key supports would be 7422 / 7386/7225
To Know more above next big move in Major Indian Sectors & to Know more detailed Elliot Wave Counts and where probably markets
are heading towards long, medium and short term levels and which sectors to be in, educate
yourself with us from simple to advanced technical analysis concepts For Workshops on Technical Analysis & Financial Markets Contact Us
Raju V Angadi Vishwanath, B.E., MS, CMT
Technical Analyst
rvangadi@googlemail.com+91 78291 55900
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