Long Continuation pattern ( Contracting flat ) Long

Nifty 50 IndexNSE

Description

⋅ Oct 22, 2020 2:22 AM

After going through the EOD and analyzing breadth of Nifty 50 , its clear indication this one is going up side to 12500

Now after it broke above the recent high it might move in smaller push ( Expected move ) alternative is you can see sharp move

Look for buy set up ,

Good luck traders

Comment

⋅ Oct 22, 2020 10:02 AM

its look like small triangle it will likely bust out by Gapping tomorrow

Lets see what happens

Elliott Wave

Comments

VishalSancheti

⋅ Oct 23, 2020 10:11 AM

Looks like It will kill all premium of options and then move after expiry.. Lets see for next week only 4days to go..

VishalSancheti

⋅ Oct 22, 2020 3:17 AM

Gudmorning, i am also haview of slightly high from 12400 levels.. Hope 29oct expiry will have the same..