Nifty Next 50 CMP 59550
Elliott- This is the bullish ABC correction called zig zag. This is the only correction that starts with a 5 wave down. The fifth wave of C should end round about the current zone. This week candle should be a Doji. So very likely it will start the week down but then should recover by the end of the week to form a Doji. Last one week of pain in my view.
Elliott- This is the bullish ABC correction called zig zag. This is the only correction that starts with a 5 wave down. The fifth wave of C should end round about the current zone. This week candle should be a Doji. So very likely it will start the week down but then should recover by the end of the week to form a Doji. Last one week of pain in my view.
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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.