Indice NIFTY 50
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NIFTY: TIME CYCLE SECRET

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Observations:

> NiftyIndex up waves are ending within 25 days and down waves within 7 days.
> Bullish or Bearish crossover, or divergence at the end of waves.
> Strong Bullish and Bearish patterns seen at the end of up and down waves respectively.

Combining all these three observations can provide strong Buy and Sell signals.

Current Up wave:

> Current move also started with a kicker and gap up along with a bullish divergence on the oscillator.
> If price stays with in the channel, the possible targets could be the upper trendline of the major channel shown in the chart, which comes out to be 10500-10600.
> If price overshoots the channel line, the possible target for this wave could be 10900 to 11000.
> If this wave cycle repeats, the current wave may end near 20th December 2017

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Trade safe, stay healthy.

Regards
Bravetotrade
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JJ Singh
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