Elliott Wave Theory is all about Identifying waves and understanding wave’s pattern to predict next move. And if you can identify waves on 5 minutes and 1 minute’s charts then you can definitely trade Intraday and even hourly for even 10-20 points using Elliott Wave Theory Analysis.
After seeing the structure of wave after Jan 2015 high 8996 and then nature of today’s impulsive fall, levels of 7940 seems possible soon may be in August Series only. As we are expecting it last ABC cycle of triple zigzag which is known to be faster followed by strong reversal. This decline should be of ABC structure as indicated on 1st chart.
The completion of ED from May 2014 to Jan 2015 followed by a progress of complex correction from Jan 2015 till date is forming a very bullish type of consolidation pattern at top. We can expect a faster and bigger bull rally after completion of this wave (4) as Complex Correction and the upside can be 61% to 100% of whole move from 5118 to 8996. Thus, we can expect about 2000 points sharp upside rally in Nifty after completion of wave (4).
The detailed and explained Elliott Wave Analysis report of Nifty covering probabilities for April 2015 series expiry.
This article explained how Elliott Wave Theory Analysis is ahead of every news, important events and Govt policies with real time example and relevant information.
Many new traders and learner finds it diffcult to get free resources and live charts to use for learning Elliott Wave Theory analysis or trading with Elliott with Theory. This article explained step by step with visual screen shot where to get Free live charts they can use for EWT analysis.
The Indian National Stock Exchange Nifty 50 is going to give a huge 1200 to 1800 points gain in coming time. Just save your money and wait for the oppotunity to invest in growing stocks for quick 50 to 200% gains.
Daily Elliott Wave Analysis Reports of Nifty by Deepak Kumar directly though email with detailed explanation on chart, expected levels, current trend and alert of big moves.
“Practical Application of Elliott’s Wave Principles by Deepak Kumar” is one of the best and most practical book to learn Elliott Wave Theory written by one of the successful Indian Elliott Wave Analyst explaining the practical use of Elliott Wave Theory in real trading.
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