Buy the gap down on Monday (10073 - 10044) , with at SL of 9957

NSE:NIFTY   Nifty 50 Index
273 4
Buy the gap down on Monday as close as possible 9957 . for a better RR.

The degrees of a wave

Highest degree : Minuette level . Nifty has completed one full impulse at minuette level from 9696 to 10075 . Rising from a truncated 5th . Which itself is very bullish .
Higher degree : It has completed another five wave impulse at subminuette of wave i consisting of five waves at micro degree .

Now it is correcting in wave ii of sub minuette degree .

A wave ii is sharp and may reach .50- 10073 , 0.618 - 10044. It is expected to be a sharp zig zag . Then we will see a sharp upmove for wave iii of sub minuttee degree .
thanks Ajay for your detailed chart !!
are you sure monday gap down ?
AJAYSHARMA gopicbin1
@gopicbin1, Might open at 10120 . That is the start of the ending diagonal . But the point is we may be looking at new highs if 9957 is not broken and shorts should cover if they get the chance .
gopicbin1 AJAYSHARMA
EN English (IN)
EN English
EN English (UK)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
HE עברית
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Get Help Feature Request Blog & News FAQ Wiki Twitter
Profile Profile Settings Account and Billing Get Help Ideas Published Followers Following Private Messages Chat Sign Out