I have just updated my chart. Not much change except for the expectation how it will progress from here onward. We are nearing C wave of A of 4th wave ABC correction. A wave of 4 is nearing end. what we saw was C wave of ABC of A wave. Now expect prolong B wave. Most likely diagonal as it will allow principle of alternate waves. A was Flat with rapid C and...
Nifty is forming irregular flat C wave is sharp - This is also confirmation of flat correction where C wave is fast and rapid. C wave will end neat or just below start if the a wave which is below 9960
Was the fall in NBFS sudden? Look at chart &check trend change
Was the fall in NBFS sudden? Look at chart &check trend change
Was the fall in NBFS sudden? Look at chart &check trend change
Was the fall in NBFS sudden? Look at chart &check trend change
Was the fall in NBFS sudden? Look at chart &check trend change
Nifty is in wave 4 correction , Wave 4 is most difficult to trade and analysis. This is usually a long correction/time consuming . There are 2 possibilities in wave 4 Diagonal or irregular flat my thinking is irregular flat or complex correction Normally Nifty should reach 9950 as normal correction but considering B wave was zigzag, correction should end...