Nifty 50 IndexLong
Elliot wave Analysis # Bullish Sequence
NIFTYNeed to wait for the minor correction to complete labelled as 4, then we can expect a small move in the price to complete wave 3, and then again a Minor correction we can expect in the Index.
So, the Overall Trend seems to be Bullish in daily Time frame, Nifty could cross previous historical high of 12430.50 level, to create a new high & as per my Analysis it says that we could finish till 12600 to 13000 odd levels.
As per Elliot wave Analysis, we are heading for an expanded flat (Irregular Flat) in the Index.
Elliott wave Analysis, All types of Asset classes are covered like, Indices, Stocks, Currencies and commodities.
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Elliott wave Analysis, All types of Asset classes are covered like, Indices, Stocks, Currencies and commodities.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.