NIFTY50...End of countertrend advance??

NSE:NIFTY   Nifty 50指數
Hello Traders,
as of the last analyse N50 is going on to advance and set a new high at this Morning trading @ 10426.50! A/D-Ratio is the third day in a row at 1.08, indicating no exhausting of buying intensity.
The classic Indicators, as there is RSI ; RoC and the VIX are trading at the upper range of there values, VIX seems to start to move higher.
At 10439 the lenghth of Wave „C“ is equal to Wave „A“, a common target for the end of a countertrend push within a Wave „C“! At 10478.6 zone a doubletop is possible.
I have labbeld the chart as a possible „w-x-y-x-z“ or it is done at 9951.90 and a fresh advance has started.
On a daily timeframe a „Hanging-Man“ pattern is at a distinctively point at chart and to watch closely! Notice that price has outpaced the rising trendline an tested afterwards to say „Good-by“?
Any contact with the level of 10279.85 will eliminate the bullish variation of the count and complete the countertrend at the upper side!
Be prepared for the unexpected!
Have a great week...

Questions and Comments are welcome! 
Note!---> This analysis can be wrong. It is just in my view the one with the most probabiltity with the Data which are available to me and by my interpretation of the EW Theory. If you trade this it is done by your own risk and decision! Keep that in Mind!!! 

Data by and! 
Look at alternative....first sub wave ended at 10280, second at 10111 ,third at start fourth on be followed by fifth upward .....
@ruebennase What will be the invalidation point for this count?
ruebennase rsnerella

In a triple zigzag, the first X wave can never travel beyond the start of wave W, and the second X wave can never travel beyond the start of wave Y.
Perfect Timing!!!! Thanks a lot for the update.
ZH 繁體中文
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
AR العربية
HE עברית
首頁 股票篩選器 外匯篩選器 加密貨幣篩選器 全球財經日曆 如何運作 圖表功能 網站規則 版主 網站 & 經紀商解決方案 小工具 圖表庫 功能請求 部落格 & 新聞 常見問題 幫助 & 維基 推特
概述 個人資料設定 帳戶和帳單 我的客服工單 聯絡客服 發表的想法 粉絲 正在關注 私人訊息 在線聊天 登出