AJAYSHARMA
Long

ABC zig zag is complete

NSE:NIFTY   Nifty 50 Index
202 views
8
202 4
Rest described in the chart . Wait for price action to confirm before u enter .
great analysis Ajay . , great chart work ,

Thanks
Reply
what if it breaks the channel ?? what would be the target on upside?? your views pls
Reply
AJAYSHARMA onlyganif3
@onlyganif3, That would be the confirming price action that I am talking about . The channel has to be broken on the upside by a motive move only . Then a three wave structure should come for wave 2 . And all this should happen at the top the channel line . Then u can assume that the pre budget rally to 11400 has started i.e a final wave v of a lesser degree But if the move stays in the channel the correction is continuing. Regards
Reply
excellent analysis
Reply
Home Stock Screener Forex Screener Crypto Screener Economic Calendar Shows How It Works Chart Features Pricing House Rules Moderators Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Help Center Refer a friend Feature Request Blog & News FAQ Wiki Twitter
Profile Profile Settings Account and Billing Refer a friend My Support Tickets Help Center Ideas Published Followers Following Private Messages Chat Sign Out