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dhinesh_kumar

Elliott wave analysis # clarification on my last analysis

Indice Nifty 50 (NSE:NIFTY)  
dhinesh_kumar Aggiornato   
NSE:NIFTY   Indice Nifty 50
Elliott Wave Wave Analysis NIFTY nifty50 niftytrend niftyindia niftyanalysis niftyoutlook niftyprediction niftyview
14
25
elliottwaves waveanalysis nifty nifty50 niftytrend niftyindia niftyanalysis niftyoutlook niftyprediction niftyview
My previous analysis is still valid. Just the correction is being extended.

Disclaimer: This is just my personal view. You are advised to rely on your own analysis while taking trading decisions.
Commento:
Nifty Trade setup for 27-May-2021

snapshot
Commento:
BankNifty Trade setup for 27-May-2021

snapshot
Commento:
The above two charts are for 28-May-2021
Commento:
Invalidate my whole analysis if breaks today high (nifty 15455.55 and banknifty 35436.65)
Commento:
Nifty broke the high. I expected ABC from yesterday, but now based on formation, it is impulse.

In BankNifty, see the wave formation from 24th May low to today high, it is clear ABC-X-ABC. Then how can it go up. There is small pass.

Nifty
snapshot

BankNifty
snapshot
Commento:
There is no way to break today's high. Suppose if breaks, this type of wave formation I could not decode.
Commento:
If happens as per analysis, then the fall should be sharp and quick and should not take time.

Idee correlate

dhinesh_kumar
Elliott wave analysis # still in wave B of 2
dhinesh_kumar
Elliott wave analysis # resistance holding up-move
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