Greeting traders and investors, Been a while since our last publication Now back to the business POST COVERAGE - NIFTY LONG TERM, Medium term & short term (DETAILED ANALYSIS WITH VIDEO PRESENTATION for free) NIFTY has been riding high waves for a while and the main thing that is fish about the move is, it is not supported by the psychology and this move precedes a big decline, which will last for months to years and to know how the psychology is influenced by various factors, lets just understand the smallest elements to largest elements in the evolution of markets. The NIFTY has been rallying past 7 months without any pause and it is also nearing its greatest resistance - all time highs of 9119 and the moves beyond this point is really challenging a trader. Various challenges are detailly explained in the BLOG POST in our website, mytradingcourses.com/single-post/2016/09/20/NIFTY-Detailed-insights---An-Elliott-Perspective
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Despite today's fall watch out these levels 8686 & 8631 - good levels of support and could be an area where the market turns out to reach its target 9119.