Nifty 13-06-2017

As said on 10th June, I was not convinced that wave (iv) was complete due to time factor for wave (iv) and (ii), Today time taken by wave (iv) is >= to wave (ii).

I can say that we should soon see wave (v)/iii up-move

Nifty 13-06-2017

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3 thoughts on “Nifty 13-06-2017

  1. Hi,

    Looks like the corrective wave took more time than expected, hope the uptrend will resume today.A clear bullish wolfe wave formed in Nifty spot chart during the down move indicate upside in any case.

    Thanks,

    Like

  2. Hi,

    Most probably, the wave structure got changed. I still think Nifty should see 10400-600 level before any major corrections. Please update your views when you have time.

    Thanks,

    Like

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