KardamRishi

Nifty Wave Count And Trend

Long
KardamRishi Updated   
NSE:NIFTY   Nifty 50 Index
Its bullish but not for long term
prize can retrace and break avgs of minor wave 2 of 5
avgs should hold the prize for this view
Comment:
Typografical mistake - minor wave 2 of 3
Comment:
ABCWXABCY - W UPDATED
Comment:
Perfect Example of corrective pattern called “double threes” in wave 4
Comment:
Nifty Broke previous minor high
wave 1 and 3 will be equal at 23230.
Comment:
As I posted in today's youtube video - today's Index close is very important - it was negative daily close. count of minor wave i and ii is updated on daily chart. The low of minor wave ii is 22385 will be our new stoploss now.
20 DMA is 22443.46
40 DEMA is 22277.
Weekly AVG is 22352.
Comment:
Intraday Count Update
40 HEMA - Trailing Stop Loss
Resistance zones are in purple
Comment:
Nifty Dailly - Wave Update
Trend - Up
Nifty closed positive today
Wave iii of iii is unfolding
FII - always move with the market trend - they have changed their positions in the past few days - they are taking positions from short to long.
The low of wave ii - 22385 is key reversal - should not break.
Comment:
Swing Changes after market started
Wave count will be change Trailing SL Hit
Look like wave 2 minor will sideways or trend will be change
we have to wait till next 2 sessions time of correction is still pending.
or will follow trading setup and will take fresh entry.
Comment:
Nifty Daily - Wave Update
Trend - Up
Nifty closed Nagetive in last session
As i posted on 27th of April - Price can retrace more -
But our close is still above 20SMA - this is wave 2 this can retrace more
Golden ratio 61.8% is 22166.15
Comment:
Kya HNS Ban raha hai ???? !!!
Comment:
Nifty Intraday - Update - New video out
youtu.be/fwvJhoNBTgA?si=QzCEUYO...
Comment:
NIfty - Trend Up
Still prices of Daily chart holding 20sma and in hourly chart its holding above 144ema
Comment:
20DSMA AND 144HEMA BOTH ARE BROKE NEXT LEVEL 40DEMA AND 61.8% ARE PROBABLY OPEN UP
Comment:
Comment:
it's time to draw the downside channel
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Nifty Intraday Update
New Video Out - youtu.be/5You_Z7ecOc?si=Z3DBeT8...
Comment:
Nifty Intraday Update
New Video Out - www.youtube.com/watch?v=31g7i_t2...
Comment:
Nifty Daily Update
Nifty Trend - Up
Close - Positive
Support Level - Today law - 22185
Nifty index sustain near 61.8% Retracement level
Its look like wave ii completed

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