Nifty 50 Index
Short
Updated

#Nifty || 11th July 2022 || Falcon Trader Analysis for #Nifty50

241
I have been travelling therefore there is some delay. However in most previous posts I have posted even during live market.

FalconWaves wave C is almost done. I have given you a trigger line, if price closes below this then short opportunity is good.

Once this wave C completes, we finish green A and then we look for green B down - which will again have blue ABC (Blue comes from daily time frame and green from weekly, red from hourly) - just Color codes for us to understand what Falcon Waves we are in.

I will post more charts soon, but now is time to be careful as we are in over bought zone.

How to trade using Falcon Waves?
Good question - I will write a post on trading view education post soon.

Follow me on trading view for daily update on falcon Wave counts for Nifty50
Note
snapshot
Note
11th June 1:15 pm - Trend Change snapshot

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.