nifty_f1 houly chart view- 7 jan

here nifty hourly chart analysis

4th down wave price target meeted but requires more time to stay in 4th wave

so up side price will not sustain

chances are triangular pr zig -zag formation

uper side profit book while lower side buing with stoplls

NIFTY_F1* RC Wave* stoplls:3,127 next day_Buy above :3,139.60next day up target>3,161>>3,195>>>3,216

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NIFTY_F1* RC Wave* stoplls :3,140 next day_Short bellow :3,126.50next day lower target >3,105>>3,071>>>3,050

BULLS kissed nifty on new year before a day bear enjoyed at EOD year jan2 repoert

market behaiving same way

as we pointed out by up arrow key in early report.

now market is near on uper resistence line.

it requries one more day to trade change confirmaton.
last day latter momentam was strong..it looks go cross or or thouch boudry line.

then we have both side possibiliyt to move markt..

let market gives clear trend first then we wil play acordingly

stay long with stoplss.

those stock not performed wil do beter

NIFTY_F1* RC Wave* stoplls:3,039 next day_Buy above :3,051.91next day up target>3,072>>3,105>>>3,125

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NIFTY_F1* RC Wave* stoplls :3,052 next day_Short bellow :3,039.39next day lower target >3,019>>2,986>>>2,966

Towards 5th wave target area on 5min -nifty_f1 31dec

Nifty 5mint chart analysis

1-2 down was simple wave

so 4td down wave complex formed in lastday morinng

and this complex wave was in traingular shape

inside trinagle 5 wave series wave over

then as expceted 5th up wave progressd on card.

max extesion of this 5th up wave is 3020 area.then again abc corection wave will progress

NIFTY_F1* RC Wave* stoplls:2,968 day_Buy above :2,983.24 day up target>3,008>>3,049>>>3,074

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NIFTY_F1* RC Wave* stoplls :2,983 day_Short bellow :2,967.76day lower target >2,943>>2,902>>>2,877

nifty_f1 29dec -2 jan weekly report

here nifty daily chart analyis

there is traingular pattern formation.

evidence says some what bullishness paattern forming

this bullishnes patern will cofirm only when nifty crosses weekly bullish level.

this some what bullishness may continue for some days.then can change direction in eather side. as shown in fig.

obey level strictly

NIFTY_F1* RC Wave* stoplls:2,860 next week_Buy above :2,897.92next week up target>2,959>>3,058>>>3,120

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NIFTY_F1* RC Wave* stoplls :2,898 next week_Short bellow :2,860.08next week lower target >2,799>>2,700>>>2,638