Elliott wave theory on Nifty50 (SHORT)
Updated
In 15 min time frame nifty may be completed 5 wave structure for the correction of C wave (violet color).
As per my analysis
NIFTY may form zig-zag structure.
So, it is time to be alert before any buy or CE trade. Structure looks like still bearish.
Important levels are marked on chart with comments as per my analysis. Please check carefully.
May be right or wrong let's see.
Disclaimer- I am not SEBI registered analyst, all post for educational purposes, no claim rights reserved, please take advice from your financial advisor before Investing any trade, we are not responsible for any profit or loss.
As per my analysis
NIFTY may form zig-zag structure.So, it is time to be alert before any buy or CE trade. Structure looks like still bearish.
Important levels are marked on chart with comments as per my analysis. Please check carefully.
May be right or wrong let's see.
Disclaimer- I am not SEBI registered analyst, all post for educational purposes, no claim rights reserved, please take advice from your financial advisor before Investing any trade, we are not responsible for any profit or loss.
Note
Now i'm expecting some bullish move....will update today 8pm.
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