Indice Nifty 50Long
The possibilities ahead in Nifty
Yesterday i had clearly advised to buy Nifty on dips with SL of 10,400
The link to yesterdays chart is the following -
Now there are 2 Elliott wave possibilities
1) It can go as an ABC pattern
2) It can also go as wave 12345 pattern
If it is going as an ABC pattern , where A & Wave B is presently completed - Then the ideal Target should be around 11,000
If it is going as an 1,2,3,4,5 pattern , where 1,2,3,4 is completed - Then wave 5 should ideally end around 10,700
All critics and sharing of ideas are welcome !!!
The link to yesterdays chart is the following -
Now there are 2 Elliott wave possibilities
1) It can go as an ABC pattern
2) It can also go as wave 12345 pattern
If it is going as an ABC pattern , where A & Wave B is presently completed - Then the ideal Target should be around 11,000
If it is going as an 1,2,3,4,5 pattern , where 1,2,3,4 is completed - Then wave 5 should ideally end around 10,700
All critics and sharing of ideas are welcome !!!
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.