lekha1506
Short

Elliott wave analysis

NSE:NIFTY   Nifty 50 Index
Explained in the chart
Beautiful and nice, well labelled and presented. It has entered the reversal zone and turned back from there. Hope in now follows the trajectory in the chart.
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lekha1506 ShanTrader
@ShanTrader, There is possible to cross above friday's high before falling to the projected level. Will update the charts
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ShanTrader lekha1506
@lekha1506, I agree, should always look at both sides. Another option is that close above 10880 may change the direction of the trend short term.
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lekha1506 ShanTrader
@ShanTrader, short term trend is negative... Its final upside move
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ShanTrader lekha1506
@lekha1506, Hi, do you have a new analysis basis the upmove ?
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lekha1506 ShanTrader
@ShanTrader, Yes... Will update tonight
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lekha1506 lekha1506
@lekha1506, In the upmove, wave 3 is in progress and iv of 3 is completed or about to complete... Projection for v of 3 is above 11200
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