Mon 16 Jan Timewave View on Nifty

2017년 1월 16일

Good Morning Guys!

From 27th Dec to 12th Jan, Nifty gave a marvelous impulsive upmove, and Timewave booked 375 points of profit.

Now we are short from 8400 level, and Nifty will remain down till 18th Jan Wednesday.
This is a retracement move of the impulsive upmove. Targets are 8320 and 8298
New short positions can be taken at 8400 level.

2017년 1월 16일

노트

Holding this position would requite patience, especially today.

2017년 1월 16일

노트

Please carry forward the short position. Please understand that as this is a retracement move, it will go down in a sluggish manner.