raghavendrakumart

Nifty - Month Timeframe Trendline resistance. Aggressive sell.

Short
NSE:NIFTY   Nifty 50 Index
A chart which i have often shared since Dec 2016 lows on a projected path. Truly Nifty went along the path and now is on the verge of completing the 1st of the Larger 3rd...and then embark on a time consuming 2nd wave correction.

SL = Monthly close above 10250.
Trade active: Price tests the upper trendline. A shooting star in development in weekly timeframe.

Comments

Is there change in counts now?
Reply
raghavendrakumart nivethithanand
@nivethithanand,

I am looking at 5th of 3.1 going on. Likely we will extend into January before a longer correction sets in.
Reply
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