It Is triangle
Nifty is in some sort of triangle
Bearish triangle 1: triangle range 14155-15044, under this count nifty has done its A wave at 15044, B is under formation in which W of B ended at 14418 and X of B ended at 14966 and Y of B is under progress which is again abc,( a) wave of Y is done at 14595 and after doing a( b) of Y again( c) of Y would come which would end between 14151-14418.
then a C on upside , D on downside and E on upside would come which would end this triangle and then fast down move till 13800-13500 would come to ended this correction which started in February.
Bullish triangle: Nifty has started its 5th wave low of 14151 and wave 1 from 14151 was 3 wave abc of ED rise and nifty is in wave 2 which is forming a triangle, in which A of triangle ended at 14418, B of triangle ended at 14966, C of triangle ended at 14595 and D of triangle has started which would end below 14966 and then after doing a E of triangle near 14650-14750, it would be break out on upside
Bearish triangle 1: triangle range 14155-15044, under this count nifty has done its A wave at 15044, B is under formation in which W of B ended at 14418 and X of B ended at 14966 and Y of B is under progress which is again abc,( a) wave of Y is done at 14595 and after doing a( b) of Y again( c) of Y would come which would end between 14151-14418.
then a C on upside , D on downside and E on upside would come which would end this triangle and then fast down move till 13800-13500 would come to ended this correction which started in February.
Bullish triangle: Nifty has started its 5th wave low of 14151 and wave 1 from 14151 was 3 wave abc of ED rise and nifty is in wave 2 which is forming a triangle, in which A of triangle ended at 14418, B of triangle ended at 14966, C of triangle ended at 14595 and D of triangle has started which would end below 14966 and then after doing a E of triangle near 14650-14750, it would be break out on upside
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