Nifty - Wave-B or Boon? (Short Term) Time Holds the Answer!

17 mar

🔹 The Fall as Expected

The fall we anticipated in our weekend video has unfolded exactly as discussed.

Triangular Pattern in Wave-B (proposed)

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The pattern appears to be forming a triangle in Wave-B (proposed), but the bigger question remains—

Has (Wave-e) topped out at 22,577, forming a double top with (Wave-a) within the triangle?

🔹 Bullish Momentum & Market Complexity

Interestingly, the bullish momentum slightly surpassed (Wave-c) of the proposed triangular structure adding complexity to the structure but pattern still intact as wave-a & wave-e both made similar top so far.

🔹 Key Levels to Watch

- Will this decline hold above the swing low at 21,964?
- Or is this just a pause before Nifty resumes its upside journey post the expanded ending diagonal in the larger degree as discussed on 26th Feb2025?

🔹 TradingView Idea - 26th Feb 2025

Last Idea

This structure was already pointing towards higher targets—but now, the answer to all these uncertainties lies with only one entity—⏳ time.

🔹 The Final Truth Lies in Time

Main Samay Hoon… Aur main sab kuch dekh sakta hoon!

Just like in the epic Mahabharat, only time reveals the truth in the market!

Stay Tuned for More Insights!

Catch me with another exciting idea from WaveTalks, Market Whispers! Can you hear them?

17 mar

Trade attivo

12:03 am / 18th March 2025

Index crossing the minor double top 22577 Highs - can be a bullish indication & bears might get trapped so traders have to be careful in trading