NF possibly heading 11380 ? Join my telegram channel for more such live updates
Be careful of longs..... #Nifty #StarOfMarketAdvisoryy
Not an expert in Elliot Wave but this is my analysis. Plotted Elliot Waves on Weekly, Daily and 4 hourly charts. My analysis - Target - 12200/400 (Weekly Wave 5) Period - B/W April to June 2019 Current Scenario - We might witness 3- wave correction a-b-c. 10,900 Levels will be crucial support level in near future. Note - This is Just for knowledge purpose....
Are we expecting a reversal? The cypher pattern is often found in early stages of trend reversal The (C) level 1.27 - 1.41 of XA extension is an important element of structure The (D) level forms - 78.6% of XC Best of luck Regards
Nifty forming a Potential Gartley Pattern on hourly chart Criteria 1 - Market forms (B) by fulfilling 61.8% retracement of the XA leg Criteria 2 - Market forms (C) by fulfilling at least a 38.2% to 88.6% retracement (ideal 61.8%) of AB leg Criteria 3 - Market forms (D) by fulfilling 78.6% retracement of XA leg Good Luck Regards
Analysis just for education purpose. Best of luck Regards
My view - Sell below 10,600 Take Profit 10,400 Best of luck Regards
My take - Short below 10480 Take Profit - 10350 Best of luck Regards
Chart says it all Best of luck
Structure always leaves clue Best of luck
My Take- Short Target 1 - 9990 Target 2 - 9980 Best of Luck Regards