Wed 19th Apr Nifty Timewave View

18 Nis 2017

Hi All!
Made 107 points on Tuesday! (Please refer to previous post).

Now will go long at 9:40 on Wed 19th Apr.

The medium term bearish trend is coming to an end and will be bullish from here on for targets around 9370 NS.

Target date will be communicated later as we progress.

Stay tuned.

19 Nis 2017

Not

Hi All,

So today at 9:40 we are going long.  Actual bottom may differ slightly, but that does not matter.

As of now I see this new bullish short term wave ending tomorrow at 13:29. Will confirm this further as we progress. I am expecting 9240 to be taken out, because thats where previous bearish short term wave had started.

As for the MT wave first turn date is highly likely to be skipped so its irrelevant. By the way its Fri 21 Apr. I am expecting Nifty to be bullish for the rest of the month. MT target would be 9370 around, but please please do not buy OTM as that target would very well be achieved after expiry.

Currently at 107 points of profit.

19 Nis 2017

Not

Action: Please go long. TSL 9060 NS, Will raise it later. targets already specified.

19 Nis 2017

Not

Bought at 9107 NS

19 Nis 2017

Not

Actual bottom will differ slightly, I had already mentioned. And waves are slow these days in the start and tepid at the end.

19 Nis 2017

Not

Updated TSL: 9078 NS

19 Nis 2017

Not

Put TSL back at 9060 NS.

19 Nis 2017

Not

Sometimes Nifty spends whole day in sideways action, and then gaps up next day and scales up exactly as per timewave,

19 Nis 2017

Not

Please continue to hold patiently. Nifty has not tajen out 9079, the low point of the day around pre calculated time. Its likely to gap up tomorrow. Carry forward.

19 Nis 2017

Not

Even if 9079 is taken out, its still hold and carry forward

19 Nis 2017

Not

Please carry forward. Nifty ending the day very near our buying lvele 9107

20 Nis 2017

Not

This idea is being followed at: