chirag_Khasiya

Nifty elliott wave analysis of Monthly chart as on 17oct 2020

NSE:NIFTY   Nifty 50 Index
In monthly chart wave completed at 6357, wave completed at 2252,
and in wave may be 5th wave is running from 7511.
38% projection of that wave (5) is already achieved but it is below earlier high and 61% is coming at 13598. so wave (5) completion range can be 12428-13598.

Comments

so finally some one has posted the view i had , I was practically asked in MY DM are you serious about Nifty Going to 15500 ? and my answer was always Yes , You have Good practice Chirag I liked it , Good luck happy trading
+2 Reply
Very well charted... This wave bigger 5 is going to go very long towards 16000 levels or more.. If we can equalise wave1=5 or 123/168% of wave 4, we can predict the levels.. Whats your view
Reply
"so wave (5) completion range can be 12428-13598" - That's a very high range. How do we trade this?
Reply
chirag_Khasiya SaurabhMehra
@SaurabhMehra, See this 30min chart analysis and you will get some short term trade idea


Chart as image
Reply
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing Refer a friend House Rules Help Center Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Blog & News Twitter
Profile Profile Settings Account and Billing Referred friends Coins My Support Tickets Help Center Ideas Published Followers Following Private Messages Chat Sign Out