TradingView
Kruti0210
Sep 11, 2020 8:32 AM

Timeframe Calculation for the Fall in Nifty; Short

Nifty 50 IndexNSE

Description



Here I have verified The Leading Digonal Wave by Wave to clear every doubts anyone still has;



Now this entire Wave 1 has taken 9 Days and some hours to complete;



This is Wave A of Wave 2 which has taken 1 day 22 hours to complete hence Wave B we should give 1 and half day Wave C should also take minimum 1 day; hence a total waiting time Monday and Tuesday or maximum Wednesday Thursday onwards we should see the Fall

Now we know Wave 1 has taken 9 days and some hours; therefore Wave 3 will take around 10 days to complete hence we all can be sure about taking opportunity with this month's expiry;

After the Wave 3 ends we will have a Wave 4 which will be a Complex Correction Structure as Wave 2 is a Simple Correction hence please wait till the Wave 4 ends; once the Wave 4 complex correction is Over I will post the Analysis for Wave 5 which will be again a Good Downward 5 Wave Impulse Wave;

I hope this answers all your doubts and queries; or else please feel free to ask;
I wanna Thank all of you for all the support and appreciation;

Thank You once again;
Comments
Kruti0210
Hence Proven;
Wave Theory is the only Theory which has a logical edge towards understanding the market movement; Some ppl don't understand it; but unfortunately there are a lot of things we don't understand but they still exist; Wave Theory is just one of them;
Thank you everyone for all the love and appreciation;
anshul_narula
@Kruti0210, It was indeed great. What are your expectations from Bank NIFTY for monthy expiry?
anshul_narula
Hi Kruti, Do you think NIFTY is going as per your analysis?
nareshgirka12321
Hi Kruti, I appreciate your analysis on Nifty. Even i am in bearish view starting fall from 11600. But i have a question to confirm. What is the internal wave structure of 3rd upwards correction of zigzag. Is it 5-3-5 again?
and on the 11th sep correction completed 3-3-3-3-3 traingle pattern.
Kruti0210
@nareshgirka12321, Thank you for your appreciation brother; Thank you for giving me an opportunity to explain; 3rd Upward correction of Zigzag? I didn't quite understand your question here;
Now Zigzag is the most confusing Structure because it is the only structure which forms as an Impulse and also as a Correction; So to make this understandable I have named ZIGZAG TYPE 1 and TYPE 2 as follows; when we see a Zigzag in Correction it is formed as such that Wave A or C one f them will be a 5 Wave Impulse (Simple Impulse) and other will be a Zigzag itself ABC (One full Zigzag); Now this I have named Type 2.
For the Zigzag that forms in Impulse Wave like Wave 3 there you will see a Zigzag where both Wave A and C are 5 Wave Impulse structures.

I hope this has answered your query; if not please feel free to ask more;

Now the 11th September Correction is as such; Wave A downward 3 Wave ABC Zigzag; Wave B is upward 3 Wave ABC and its still forming and once it is complete we will be able to get into a downward 5 Wave impulse; So this correction according to me is a downward Flat structure; but we will able to confirm when Wave B is complete;

I hope this helps :)
D_Bhalla
If this happened as predicted by your analysis I wud love to learn eliott wave charting because it seems to be quite exact.... rest market is the bosd
Kruti0210
@D_Bhalla, Paaji you should start learning Wave Theory; I have tried all possible indicators and theories; I couldn't kill the probability part; but with the Wave Theory I have an edge I've never had; We as human have 60% of water in us; Earth has 72% of water; the air that we breath is also in waves; Its all Waves, eventually you will come to Wave Theory only
D_Bhalla
Absolutely detailed so as per your chart it is 10680 on 17th September before fall happens as predicted by you.... please confirm if that s what is implied by the chart above??? I have little knowledge of eliott wave but it is corresponding with planetary conjunction s as well which suggest a huge fall starting from 3rd or 4th week of September to October end or little more....
More