Expect the Nifty to have more upside in the coming weeks. It moves very quickly towards own Wave three. i will update daily as per movement
Nifty current swing. As per Elliott wave Nifty Moving Minor 3rd or C Wave. it first minor Support 16480-16380
Minutte ABC Patten is form. we can except Minimum Target is 25500
we conform wave2 finish at 23.6%. Now moving ultimate uptrend Wave 3. Strongly we can expect nifty cross 19000 this rally. Please Note Stop Loss or invalid is Channel line. We will fallow the Trend movement and update Feel free to ask or comment
As per elliott minutte Wave 1st finish. now 2nd wave going on within Channel , it will move until 29 Tuesday. Note : encase price break above channel adjust trade (Stop Loss) Price cross above invalid line need to recount
March 8th onward Nifty Turn Bullish, this for long time. Now onward we will post each movement of nifty turning.
Nifty now going on C Wave. now move some bull back really it can go 300 points then option 1..>>> first target 15550--15580 . then trend will change. in case this support Zone break. Option 2....>>>> Second Target 14700. C wave Target Time Period Middle of Jan 2nd Week 2022
Nifty now need to watch more conscious. option 1:>>> if it may take support channel then we can except some bull back really it move at least 400 Point Option 2:>>> in case channel broke then we can except strong fall. we can also consider flag pattern.
Nifty look like ready to another fall, now it huge and fast fall. i will update target once conform to enter wave C. please ask if have any doubt
Nifty be prepare for another huge up rally. it is good chance for option trader.
Nifty Still how long run.?????????????? Now Elliott 5th wave running. we draw Resistance zone. it calculate by Gann. in day chart nifty cross Resistance zone, we can expect it move to next Resistance zone. incase nifty cannot cross Resistance zone, it turn we may consider nifty trend is end. i except nifty will go till 18900
Nifty up Trend last one and half year without correction. Now Wave 5th going to may end 16900-16930. this Strong Resistance for 5th Wave. Very possible to reverse this level. incase it broke 16900 level we can consider 5th wave go to their own Extention.
nifty temporally move down for few day. after it will get big move. now nifty highly vol...........
Nifty near to 3rd wave after it will go to 4th wave price according in chart
Now SBI Move to 5th Wave if day candle close with target Zone 1. we can consider wave it end incase day candle cross the target Zone 1, then move to Target 2.
if break resistance zone then go to second target incase doesn't break we can consider it for 3rd wave complete. then go down for 4th wave.
Nifty Now Falling Wedges as per Chart. once finish it up to his target for 15800
Now forming itc descending triangle pattern.