NIFTY... ELLIOT WAVES COUNTING....
ที่อัปเดต:
Dear friends,
As we see in the chart, Nifty is correcting rapidly from an all time high level.
While counting the Elliot waves, we can see that waves 1 and 3 on the downside have been completed.
The five waves of wave 3 are shown in the chart.
Now we can expect wave 4, which is likely to consolidate for a few days.
Wave 4 is likely to have moves on either sides and it can form a zig zag or a flat or a triangle pattern. I had shown a flat pattern of wave 4 in the chart.
As per my view, the right time to invest will be at the end of wave 5 which is likely to be around 24000 to 24300 levels.
Get ready to ride the bumpy wave 4 guys!
Trade with appropriate stoploss.
As we see in the chart, Nifty is correcting rapidly from an all time high level.
While counting the Elliot waves, we can see that waves 1 and 3 on the downside have been completed.
The five waves of wave 3 are shown in the chart.
Now we can expect wave 4, which is likely to consolidate for a few days.
Wave 4 is likely to have moves on either sides and it can form a zig zag or a flat or a triangle pattern. I had shown a flat pattern of wave 4 in the chart.
As per my view, the right time to invest will be at the end of wave 5 which is likely to be around 24000 to 24300 levels.
Get ready to ride the bumpy wave 4 guys!
Trade with appropriate stoploss.
ปิดการเทรด: ถึงเป้าหมายการทำกำไร
As expected, wave 4 kept moving sideways for a few days but didn't trouble much and then wave 5 reached our target zone.
We may see the final leg of the correction in the coming days, which is likely to be the low for this year. Expecting a recover soon.
คำจำกัดสิทธิ์ความรับผิดชอบ
ข้อมูลและบทความไม่ได้มีวัตถุประสงค์เพื่อก่อให้เกิดกิจกรรมทางการเงิน, การลงทุน, การซื้อขาย, ข้อเสนอแนะ หรือคำแนะนำประเภทอื่น ๆ ที่ให้หรือรับรองโดย TradingView อ่านเพิ่มเติมที่ ข้อกำหนดการใช้งาน