chirag_Khasiya

Nifty Elliott wave analysis for 20th Dec 2018

NSE:NIFTY   Nifty 50 Index
Wave (v) in blue color is in extended zone and wave (v) in red color will be in extended zone after 11016. Maximum projection of both these waves are coming at 11071.

So we can conclude that from 11016-11071 range small or big decline is possible. This decline can be 45-75 points or it may be 120-200 points.

The only confusion for that decline is because of the pattern shown in ellipse which i am not able to identify.
Great analysis...
Reply
Hi, How to measure 61% as mentioned in your demonstration?
Reply
Thanks for the detailed EW analysis.
Reply
The effect of Fed rate hike will immediately lead to drop by about a 100 points
Reply
@bishon, what do you want to say???
Reply
pracash12 chirag_Khasiya
@chirag_Khasiya, sir this chart is for positional or intraday??
Reply
Home Stock Screener Forex Screener Crypto Screener Economic Calendar Shows How It Works Chart Features Pricing House Rules Moderators Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Help Center Refer a friend Feature Request Blog & News FAQ Wiki Twitter
Profile Profile Settings Account and Billing Refer a friend My Support Tickets Help Center Ideas Published Followers Following Private Messages Chat Sign Out