Nifty looks to have completed W.d of the Triangle which means one more leg down for W.e and then Impulse to the upside which should take it higher then the 11080 level.
We wait either for W.e completion to go long or a break above the Trigger Line.
SL remains below W.c low 10935.
We wait either for W.e completion to go long or a break above the Trigger Line.
SL remains below W.c low 10935.
Note
Nifty updated count on Hourly chart : Bullish on close above 11123 : Note
Long Triggered.Note
Exited longs in profits at once, will look to re enter later : Note
Wave .iii looks complete, expecting move till T1 and T2 levels for Wave .iv : 
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Author : Think with the Markets
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Unmatched 80% plus forecast accuracy for 6 years : 50eyes.com/forecast-accuracy/
Video Course : 50eyes.com/elliott-wave-course
Author : Think with the Markets
Video Course : 50eyes.com/elliott-wave-course
Author : Think with the Markets
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.