NIFTY 50 Wave Analysis 20 JUN 2016

20 thg 6, 2016

As per my last post Nifty get Support from 8080 level and went upside but pattern not give view on further upside. I am going to review the wave count and come to the new support at 8035. If coming days Nifty fell to 8035 we can expect lot of buying on this level. The upside should be limited for this month as 8311 and trend will continue on next month also.

Wave Projections for next month - Nifty may surge upto 8420 and 8650 level as quick as possible.