Medium term view (no short term):
- It looks like Nifty50 is forming a leading diagonal as part of wave a (yellow line).
- Currently it may be into wave iv of wave a.
- For this set up to be true, Nifty must reach around 18200 to mark the end of wave iv and from there retrace to form wave v of wave a. The entire wave a should complete around 18000.
- After completion of wave a, Nifty should touch around 18180 - 18230 to complete Wave b.
- After completion of Wave b, it should all fall down to the level of 17850-17800, which is also 38.2% retracement of entire impulse since previous bottom of 16828.
- It looks like Nifty50 is forming a leading diagonal as part of wave a (yellow line).
- Currently it may be into wave iv of wave a.
- For this set up to be true, Nifty must reach around 18200 to mark the end of wave iv and from there retrace to form wave v of wave a. The entire wave a should complete around 18000.
- After completion of wave a, Nifty should touch around 18180 - 18230 to complete Wave b.
- After completion of Wave b, it should all fall down to the level of 17850-17800, which is also 38.2% retracement of entire impulse since previous bottom of 16828.
取消訂單
Update:As the price moved and sustained above leading diagonal upper boundary, this view is negated.
Decode the Essence (Tattva) behind price — Structure (Elliott Wave), Energy (RSI) & Proportion (Fibonacci)
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Decode the Essence (Tattva) behind price — Structure (Elliott Wave), Energy (RSI) & Proportion (Fibonacci)
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。