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RK_Charts
Feb 1, 2022 7:31 PM

CNXMETAL Long

Nifty Metal IndexNSE

Description

Metal index is showing good moves after budget along with Elliot wave counts. Possibly wave i & ii of 5 is completed, and possibly wave III of 5th is started.
Wave Structure could be like this

Macd in daily

Macd in hourly

Rsi in hourly

Bollinger band challenged in hourly

Dmi adx also positive


Disclaimer
I am not sebi registered analyst
My studies are Educational purpose only
Please consult your Financial advisor before trading or investing
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