Neo wave - Advanced Elliott wave along with Time cycles is one of the most objective technique that one can apply for future forecasting.
Nifty has shown serious drawdown from the highs of 9119. It has been now the 3 months and the index has been failing to show any positive attempt. The hawkish stand by RBI on growth is now attributed as reason for strong selloff in Midcap and Smallcap stocks yesterday. However, if simply by a stand the hopes dissipate and markets react lower than there should not be a negative close when there are rate cuts. Also if hope and fear is driving the market then we need to have an objective tool to measure this rather than basing the decision on news which is simply not helpful for taking trading decisions. Trust me News will change as per the market direction.
Now here is the sneak peek into the objective techniques we use to predict the path ahead. The below chart was published in “The Financial Waves Monthly report” on 6th April 2015 and then on 6th May 2015.
Figure 3: Anticipated on 6th April 2015
Figure 4: Happened & Anticipated on 6th May 2015
Happened as of 3rd June 2015:
The above three charts clearly shows how each and every turn has been as per the path shown in our monthly research report. The movement has been almost to the mark not only in terms of price but also in terms of Time.
Path shown on 6th April 2015 (first chart) has worked out precisely so far.
The charts are explained in detail in the actual research and provide enough justification and objective method that assisted us in capturing this entire trend and still running.
It is not the time to get panic and take impulsive decision but once you have belief in an objective method use that to make your trading or investment decisions. Subscribe to the long term research report along with daily update “The Financial Waves” to know what is going to be next from here.
Register NOW for the two days Training on Practical application and Trade setups derived using Neo wave – Advanced Elliott wave concepts along with Time cycles and a very indepth workshop that will discuss all of the above charts and tools we used to come at such accurate prediction. For more details write to us at helpdesk@wavesstrategy.com or contact us on +91 22 28831358 / +91 9920422202.
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