n0m0ret0ss

expanding triangle in NIFTY50. View 1

NSE:NIFTY   Nifty 50 Index
Elliott Wave Analysis:-

one corrective wave W was over and a connecting wave X for complex correction was over.
now the complex correction was forming, a wave seems to be over and an expanding triangle was forming.

This may be a formation of expanded flat correction too.
This expanding flat correction will be updated in another chart.

I'm not a SEBI registered advisor.
Kindly consult your financial advisor.
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.