Nifty Bank Nifty : Power of Elliott Wave and Time CyclesOct 31, 2023
Two important ingredients of predicting market are Time and Price action. It is possible to Time the market and trade in direction of trend.
Combining price action and Time both together is utmost important.
Nifty path anticipated and twitted on 30th Oct 2023Nifty has been moving as per the wave analysis. Above chart of Nifty shows the path that we derived much ahead on 30th Oct and tweeted as well. Nifty moved exactly in the same fashion as can be seen in the below chart.
Nifty path happened on 30th Oct 2023Bank Nifty also worked as per our prediction
Bank Nifty was also predicted on 21st Oct in the free webinar with 1000s of participants, which is visible in the below chart.
Bank Nifty Anticipated as on 21st Oct 2023The magic was experienced in the coming session as visible in the below chart. Bank Nifty corrected sharply as soon as 43600 was broken and found support on 26th Oct at 11:30 am which is Time cycle support for Bank Nifty and moved recovered from there.
Bank Nifty happened on 31st Oct 2023Elliott Wave Analysis, especially Neo wave can give exact direction and target. Strategies can be built keeping these levels in mind. Combining Time Analysis can give up exact time of entry even on the smaller time frame.
Two powerful techniques can compliment other technical analysis which will add conviction to the trade and make them profitable. There is a science behind and it works like magic.
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