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Stocktechy

NIFTY Daily wave count

Nifty 50 Index (NSE:NIFTY)  
Stocktechy  
NSE:NIFTY   Nifty 50 Index
NIFTY niftyindia
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4
290 6
nifty niftyindia
Appears nearing short term top.
Comment: Possibly short term top is in place.

Related Ideas

Stocktechy
NIFTY Hourly wave count
anishkalra
bulls still alive
Reply
Stocktechy anishkalra
Possibly Head & shoulder (weak) forming. Let us see.
Reply
Stocktechy Stocktechy
Head is now about to submerge. LOL.
Reply
NeeteshJain
Good Analysis, I like your Wave Counting. It seems like an Ending Diagonal and we are just about to correct from current levels. What makes it doubtful when you look at stocks scripts individually and find out strong bullish patterns emerging. Next week price action will be a good watch as it will be month expiry with Nifty trading at tops.

+1 Reply
Stocktechy NeeteshJain
Pattern is distinctly an end pattern but indices in such momentum do not correct suddenly and allow individual stocks to complete its rhythm in the first phase of mild weakness.
Reply
udaya.gujaran
My friend...I cannot see wave 1.... Could you please highlight
+1 Reply
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