dhinesh_kumar

Elliott wave analysis # as expected fall started ??

Short
NSE:NIFTY   Nifty 50 Index
Wave B of (2) completed. Wave C of (2) started its journey.

Invalidate level: Nifty 15700 and Banknifty 35480


Disclaimer: This is just my personal view. You are advised to rely on your own analysis while taking trading decisions.

Banknifty update:
Comment: Suppose on Monday if reaches invalidate level (15700 n 35480), next possibility is updated in the below chart.

Nifty

BankNifty
Comment: There are only three possibilities:
1) as per analysis (if open below last close and break day low)
2) after some pullback (~ 70%), it should fall as per analysis
3) Sideway correction (here there is chance to break Friday high as irregular correction)

Not seeing any strong up-trend, at-least for next 2-3 days.
Comment: So far wave formation suggests no big fall. It may be sideway correction.
Comment: Banknifty updated wave count

Comment: Banknifty from 19th April

Comments

Hi guys Elliot wave analysis is 80% correct.

There is small upmove pending in nifty. Tomorrow nifty might touch 15800 and then fall starts. Fall can reach 15250 or 15000 week by week basis.

Based on my analysis from this week consolidation starts in nifty till June month expiry .
+2 Reply
wrong readings of elliott wave....
+1 Reply
dhinesh_kumar ravirajpophale
@ravirajpophale, ok bro. Please post me correct one
Reply
ravirajpophale dhinesh_kumar
@dhinesh_kumar, this months target on nifty - first 16022 second 16635
Reply
dhinesh_kumar ravirajpophale
@ravirajpophale, I don't want these targets. Show me your analysis.
Reply
rajdeep1947 ravirajpophale
@ravirajpophale, Not possible bro.
Reply
ravirajpophale rajdeep1947
@rajdeep1947, bhai mebhi idhar hu aur tum bhi dekhte hena kya hota he
Reply
starttrade2020 ravirajpophale
@ravirajpophale, bhai tere jaise punter forum mein bahut hai ...kuch 13000 bolte aur kuch 17000.so enjoy kar tukka laga toh chillate rehna maine bola tha.
Reply
dhinesh_kumar starttrade2020
@starttrade2020, I'm not gambling. Check my previous ideas
Reply
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