Friday, April 11, 2014

Nifty & Bank Nifty Elliot Wave Analysis : 4 started on down side ??????

Dear All,
                          In out last post we expect Nifty to move till 6660-----6632 Nifty spot levels

Nifty hit 6660 and bounce back ...kindly read http://abhaymehrotra.blogspot.in/2014/04/nifty-bank-nifty-elliot-wave-analysis.html


We expected Bank Nifty to complete impulse but price action seems to defer ..........but now Nifty and Bank Nifty Wave structure seems to be align ....


Kindly chk chart


Bank Nifty  Seems to completed   minor 5 wave on upside to complete wave 3 


Target on down Side 


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Abhay Mehrotra



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