Nifty Possible Triangle (Elliott Wave)

Jul 23, 2018

Nifty looks to have completed W.d of the Triangle which means one more leg down for W.e and then Impulse to the upside which should take it higher then the 11080 level.
We wait either for W.e completion to go long or a break above the Trigger Line.
SL remains below W.c low 10935.

Jul 23, 2018

Note

Nifty updated count on Hourly chart : Bullish on close above 11123 :

Jul 23, 2018

Note

Long Triggered.

Jul 24, 2018

Note

Exited longs in profits at once, will look to re enter later :

Jul 26, 2018

Note

Wave .iii looks complete, expecting move till T1 and T2 levels for Wave .iv :