Thursday, October 26, 2017

27-Oct-2017 Nifty View

Nifty didn't move as per my previous analysis.

Now some more height possible till 10450 +/-

First probability - If current wave is 5th, it could target 10468 ( 61.8% of 0-3 wave from 9688-10243).

Second Possibility -  If move from 10125 is in the form of  5 subwaves :-
5.1 = 10238
5.2 = 10182
5.3 = 10333
5.4 = 10241
5.5 = 10447(100% of 0-3 wave as 5.3 is a normal wave)


So as of now 10450 looks possibility on higher side and if come, will start looking to sell near 10400+.


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