Nifty 50 IndexUpdated Nifty Elliott Wave analysis 25-01-2021
Om Namah Shivay
Today 25-01-2021, Nifty made wave structure which is depicted in the chart. It looks structure is complete.
The preferred options can be found out when compared with other Nifty Indexes like banknifty .
If we refer to our DJIA analysis, we can see that the structure is near to it's target.
Originally the EW is drawn on 3 min chart.
This is for learning purpose. There is no trading suggestions given in this.
Reference:
DJIA
NIFTY 23rd
Om Namah Shivay
Today 25-01-2021, Nifty made wave structure which is depicted in the chart. It looks structure is complete.
The preferred options can be found out when compared with other Nifty Indexes like banknifty .
If we refer to our DJIA analysis, we can see that the structure is near to it's target.
Originally the EW is drawn on 3 min chart.
This is for learning purpose. There is no trading suggestions given in this.
Reference:
DJIA
NIFTY 23rd
Om Namah Shivay
Note
The movement can be different. Just provided an option with the movement and the target it should achieve.Note
The structure stands invalid when the price moved beyond our support line. A correction in the counting is the answer
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