Nifty is in Expanded Flat ABC, C is in the progress ...

Nifty 50 IndexNSE

Description

⋅ Sep 24, 2018 5:12 PM

According To The Elliott Wave Principle,
All these 3 legs are part of an Expanded Flat ABC, where C is in the progress. . .

⋅ Nov 22, 2018 2:09 PM

⋅ Nov 22, 2018 2:10 PM

Last leg is on the way, which means an end of the correction, at end of this year 2018.😍👍

Comments

capsule91

⋅ Sep 27, 2018 8:45 PM

i am not much familier with EW, but i had this flat theory as a likely option.... i posted it in this thread...

forum.valuepickr.com/t/bull-therapy-101-thread-for-technical-analysis-with-the-fundamentals/16338/774?u=capsule91

may i ask.. why cant this be a running flat?

iElliottician

⋅ Oct 2, 2018 2:32 PM

@Sandipan.mch, Good Question 👌👍

yogi_sharma_elliottician

⋅ Nov 20, 2018 8:47 AM

wave 1 and 2?

iElliottician

⋅ Nov 20, 2018 8:49 AM

@Yogi_sharma, that's not important as of now, I'll post when this target achieve... 9700-9800

yogi_sharma_elliottician

⋅ Nov 20, 2018 10:00 AM

@iElliottician, if i am not wrong then wave 1 ends at some 6000 level and 2 at 2100 level.

iElliottician

⋅ Nov 20, 2018 10:02 AM

yogi_sharma_elliottician

⋅ Nov 20, 2018 10:04 AM

@iElliottician, and also wave B of expanded flat has extended few points (some 250 points) from 1.23 extension?

iElliottician

⋅ Nov 20, 2018 10:05 AM

@Yogi_sharma, 1.40% then reverse

yogi_sharma_elliottician

⋅ Nov 20, 2018 10:06 AM

@iElliottician, isn't a rule that b of expanded flat should extend only 1.23% ? or just a guideline?

iElliottician

⋅ Nov 20, 2018 10:08 AM

@Yogi_sharma, yes, it's just a guideline.. but mostly never cross 1.618% of a