Monday, November 3, 2014

Correction is Possible in Nifty from 8359-8418 Range - Elliott Wave Analysis by Deepak Kumar

By analyzing every probability and analyzing all higher degree, lower degree and lowest degree waves, it seems a correction from 8359 to 8418 levels. Correction may be of 70 to 120 points or till 8000. Nifty can be sold lightly at top after seeing the waves and downward reaction with stoploss. But never trade without stoploss as Nifty can go very higher if it is wave (3) started from 7986. Trading light in 8250 and 8200 put would be safer for low risk trades. 
Read detailed Analysis Report Here....  Correction is Possible in Nifty from 8359-8418 Range