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sudhannayak
Sep 9, 2020 12:53 PM

Is Nifty on Leading diagonal 

Nifty 50 IndexNSE

Description

Om Namah Shivay

Brothers, Nifty could be making a leading diagonal. Check the chart.
Little early to confirm the same.

And that will confirm the pattern and target. The target is based on the (2)/B obviously.

The future possible moves are on chart.

This is just education purpose only. There are no trading suggestion from this.

Om Namah Shivay

Comment

Brothers, There are some corrections here.

Sorry that i taken time to corect this.

As per the Expert Elliott Wave Sir, The leading diagonal in a declining transposes to something else. it mostly does not stay as a Leading diagonal. Transposing to something else is definite.

With That in mind, the chart pattern looks too early to confirm stage. and we have a learning

A leading diagonal in a downtrend transposes to somethig else. Mostly it does not stay as leading diagonal. An Ending diagonal is a possibility in W5 in a declining.

Trade closed: target reached

The pattern reached it's target.
Comments
SANJIVVASHISHT
Is it not possible that nifty reverse from 11320 or from 11350 ?
ckirtane
fully agree with you.
RohitDevansh
Strange _ Nifty traded similar to your study!!!
jubilantIguana11328
कुछ भी आड़ी तिरछी लाइन बना लेने से चार्ट नहीं बनता मित्र...सही विश्लेषण कीजिए..उसके बाद पब्लिक प्लेटफॉर्म पर शेयर कीजिए...हो सकता है कि भोला भाला इन्वेस्टर आपके चार्ट के भरोसे निवेश करे और नुकसान हो जाए....बाकी सभी निवेशकों से भी अनुरोध है कि आप खुद भी चार्ट को समझिए मार्केट में किसी पर भी भरोसा मत कीजिए....खुद पर भरोसा रखेंगे तो पैसा बनाएंगे
jubilantIguana11328
Leading Diagonal इस पर भरोसा नहीं है बेसिक चार्ट में यह काम नहीं आता है
jubilantIguana11328
Leading Diagonal
jubilantIguana11328
मित्र आपने बहुत अच्छा चार्ट बनाया है लेकिन आपसे एक गुजारिश है कि निफ्टी के पुराने सपोर्ट को भी देख लीजिएगा 11200 के आस-पास बहुत अच्छा सपोर्ट है..और अगर सब सही रहा तो यह सपोर्ट नहीं टूटना चाहिए..और मार्केट ऊपर ही रहना चाहिए...निफ्टी में 11400 का भी बहुत अच्छा सपोर्ट और यहां से खरीदारी करनी चाहिए....आपका विश्लेषण अच्छा हो लेकिन आपको इस पर भी एक बार ध्यान देना चाहिए.....बाकी टार्गेट 11600 आना चाहिए अगले कुछ दिन में....धन्यवाद
ranv15
100 percent not possible this was a correction and from now market will start moving towards 11600 and upto diwali it will reach 12000 dont wait for market to fall. make your portfolio now it is the best opportunity
Kruti0210
Hi everyone! This is a Leading Diagonal and very well drawn as well; When we have a Leading Diagonal formed it is a Valid Wave 1 as its the beginning of a Trend hence the name " Leading Diagonal"; also there is one more property of a Leading Diagonal; Wave 3 is always an Extended Wave; therefore we are looking at a massive fall here; God Bless India
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