shahrukhgaffar01

Elliot Triangle Wave of NIFTY 50

Long
NSE:NIFTY   Nifty 50 Index
Hii My All Friends i am new here and need your support Still learning. i am doing MBA in Business Analytics which i learnt i apply here if i am wrong somewhere please correct me or follow me for more info
Above chart is showing Elliot Triangle Chart Pattern.
possibility of Breakout toward bullish trend

Comments

Which type of wave is this bro. How u decided A point?
Reply
shahrukhgaffar01 Shravankumaarr
@Shravankumaarr, first i find out support level where Nifty came thrice at this support level. come to the first point where A is 1st Resistance level brother
Reply
shahrukhgaffar01 Shravankumaarr
@Shravankumaarr, we also call this Double top Chart Pattern
Reply
Shravankumaarr shahrukhgaffar01
@shahrukhgaffar01, No double top anywhere here in Nifty. why you left 30th April candle. This is not correct analysis of nifty.
+1 Reply
shahrukhgaffar01 Shravankumaarr
@Shravankumaarr, sorry i will correct it if i am wrong
Reply
shahrukhgaffar01 Shravankumaarr
@Shravankumaarr, i am still learning
Reply
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