#Nifty || 7th June 2022 || Falcon Trader || Daily Analysis

Nifty script is written by Falcon... and now you are reading it. Don't change it.
Focusing on what was mentioned before, the bears are recovering their lost ground - and hoping for massive fall.
While that happens we are counting Falcon Waves.

Falcon Wave 5 in progress - and we are in wave 1 of 5.

The chart now has some wave count - which I will change whenever I feel there is some smart money coming in.

• Target 16100 intact (for wave 1 to end of 5, then we move up for wave 2)
  
• Wave 1 in progress (wave 1 of 1 done, wave 2 of 1 done) - for nerds -
  

This is not Elliott Waves. Interesting times.

- Some people still think Bank Nifty can take the rally higher, but I doubt. Even if that happens then we can plan trades accordingly.