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shahrukhgaffar01
May 17, 2020 11:13 AM

Elliot Triangle Wave of NIFTY 50 Long

Nifty 50 IndexNSE

Description

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
Shravankumaarr
Which type of wave is this bro. How u decided A point?
shahrukhgaffar01
@sarvankumar, 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
shahrukhgaffar01
@sarvankumar, we also call this Double top Chart Pattern
Shravankumaarr
@shahrukhgaffar01, No double top anywhere here in Nifty. why you left 30th April candle. This is not correct analysis of nifty.
shahrukhgaffar01
@sarvankumar, sorry i will correct it if i am wrong
shahrukhgaffar01
@sarvankumar, i am still learning
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