Nifty Weekly View 2nd Feb 2018 ( 250 Points Rally in 3 days)

Hi Friends,

Last 2 weeks have been very busy with our New Online webinar batch starting on 24th Feb, hence couldn’t update our Blogs page section. Here im sharing my Nifty view which we had on Week ended on 25th Jan ( THU), Wherein Price action clearly Showed Loss of momentum on the Upside beyond 11000 -11100.  We had a cautious view with 10900 as critical level, if broken we may see a Nice Fall, and Bingo,

Nifty Corrected, the FALL Happened as Predicted, and hit Low of 10738 on 2nd FEB 2018 ( FRI EOD) Week ended.It was a super 250 + FALL from the High  of 11000 Zones.

This was not Magic, but reading pure Price action and using our Advance Technical Analysis Study and Elliot Wave Principle Study to understand wave counts and Determine Future reversal zones and future targets.

Please refer the next 2 charts Posted.

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All these topics are covered in Module 2 and Module 3.

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Happy Trading