NSE:NIFTY   Nifty 50 Index
This is weekly chart of nifty from low of 6825 to 12440.
In this we have completed wave1,2,3 and wave 4 is in progress.
This wave 4 is progressing as a skewed triangle and we be very
near to completing it and proceed for a new high.
Only condition the trend line drawn should not be broken on
weekly closing basis.looks strange??
if the trend line is broken then counts will change.

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.