View on Nifty using Elliott wave for June 1st week

2022年5月29日

This is continuation of my previous analysis. Here detailed current fall and next possible movements.

Disclaimer: Making any trade decision based on this analysis is on your own risk.

2022年5月31日

註釋

Wave 4.C is about to complete.

2022年5月31日

註釋

Wave 4.C should complete above yesterday high. It will just finish above yesterday high and can't go far away from there.

2022年6月1日

註釋

In wave 4.C, wave y was completed on 30th May and then formed a triangle till today low as wave x. Now final wave z is in progress and should complete above 30th high as a zigzag correction. And then bear trend will be continuing.