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
in.tradingview.com/c...analysis-23-01-2021/
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
in.tradingview.com/c...analysis-23-01-2021/
NIFTY 23rd
Om Namah Shivay
Comment:
The movement can be different. Just provided an option with the movement and the target it should achieve.
Comment:
The structure stands invalid when the price moved beyond our support line. A correction in the counting is the answer
