NIFTY Elliott wave analysis..!
It looks the correction in miner wave has been completed in Nifty, we can see a gap-up opening on Monday 18.01.2021.
We have seen WXY correction in 15min time frame and Y has completed.
One miner impulse wave (i) may have been done or to be completed on Monday...if open gap-up then we can ensure the miner wave 1 has completed too.
Please always understand the risk associated with underlying security.
Thanks for watching this chart....your suggestions are always welcome.
Thank you.
It looks the correction in miner wave has been completed in Nifty, we can see a gap-up opening on Monday 18.01.2021.
We have seen WXY correction in 15min time frame and Y has completed.
One miner impulse wave (i) may have been done or to be completed on Monday...if open gap-up then we can ensure the miner wave 1 has completed too.
Please always understand the risk associated with underlying security.
Thanks for watching this chart....your suggestions are always welcome.
Thank you.
Comment:
Exit when break the 14350.
Comment:
for other scenario please refer to updated chart.
Trade closed: stop reached:
Exit when break the 14350 (HIT)