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NIFTY 50 : D : SHORT TERM FORECAST

Long
Indice Nifty 50 (NSE:NIFTY)  
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NSE:NIFTY   Indice Nifty 50
Wave Analysis Trend Analysis
5
2
waveanalysis trendanalysis
If it breaks the pink line, and closes above the first Orange Horizontal line, it can reach to the next orange horizontal line UP.
Commento:
Due to a major event - election results today, prices went way down only to come up as expected and has not disturbed the overall structure of the chart.

I still expect the prices to go up the next orange line plus more above as per my forecast on Dec 15th.
Commento:
Price action of NIFTY 50 did on Dec 20th, what i forecasted on Dec 15th!

165 points up as expected. Great going..

Hope you were in the ride up..
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