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Nifty - From 25000 to 25400+ – How Elliott Waves Mapped the Move#Nifty – Wedge Complete. Now What? 🤔📐 We’ve been tracking this pattern step by step - and it just unfolded fully. But the real question is: Was it a Type 1 or Type 2 Diagonal? I still remember when I faced this exact question in my CMT Final Exam back in 2015 — And trust me, it drove me crazy! Never heard such terms in the standard books, and yet it popped up like a surprise twist. That moment made me dig deeper, beyond textbooks… into real Elliott Wave experience. Here’s a quick decode: ➡️ Type 1 = Leading Diagonal → starts the journey ➡️ Type 2 = Ending Diagonal → wraps it up with drama In the current Nifty chart, the 400-point rally from 25000 to 25400+ played out just as we expected. But now that the pattern is complete... should you be cautious at the top? If the index starts holding below 25400 — you know the game could flip. 24th June 2025 Expecting Nifty to Push towards 25400+ I tweeted earlier: Bulls kar diya khela – Bihari style mein! Kya 420 hai Nifty? Toh kya phir se 25000 aayega? 🤨 Time will tell. Disclaimer : This is not a buy/sell call. Please consult your financial advisor. But if you’re asking these kinds of questions… you’re not just a trader. You're becoming a thinker, maybe even a future Elliottician. For me, T.A. means: Teaching & Application — not just Technical Analysis. Catch more in the next WaveTalks update. 🎙️ Market Whispers… Can You Hear Them?
NSE:NIFTY
by WaveTalks
3
U(R) Truce on the Way – Nifty: Nervous to Nirvana! ElliottWave Life and markets share a common truth: Decisions made at crossroads define the journey ahead. Whether it's turning left or right at an intersection or navigating the ever-changing waves of financial markets, one thing remains constant—preparation is key. In trading, emotions often cloud judgment. The impulsive, last-minute decisions taken without a backup plan lead to uncertainty, just as a driver who hesitates at a crucial turn may end up lost. If you don’t prepare in advance, you will always be at the mercy of emotions rather than logic. I’ve always warned about hidden market paths, sharing insights through stocks like BHEL, ONGC, and others that signaled Nifty’s nervousness well before it unfolded. If you ignored the signs or failed to rethink, then neither I nor anyone else can help—because wisdom lies in learning before mistakes become losses. As someone once said: 👉 If you learn from your own mistakes, you’re intelligent. 👉 If you learn from others’ mistakes, you’re a genius! Now, coming back to our topic: The Ukraine-Russia Truce & Nifty’s Grand U-Turn? The war between U (Ukraine) & R (Russia) seems to be moving towards a truce, but only time will confirm its reality. However, technically, Nifty has been unfolding a wedge pattern since December 2024—a structure known for its time-consuming, overlapping movements across multiple wave degrees. On January 29, 2025, I proposed a falling wedge scenario with a key requirement: Nifty must overlap 22,537 to confirm the pattern Copyright of WaveTalks By Budget Day (February 1, 2025) Not only did Nifty hit this level, but it surged to 23,807 on February 5, adjusting the structure to an expanding wedge — a rare phenomenon . 6th Feb 2025 - Expanded Ending Diagonal Last Wave Pending Downside (One Day Before RBI Policy on 7th Feb 2025) Copyright of WaveTalks 11th Feb 2024 - What a fall in Expanded Ending Diagonal Copyright of WaveTalks What’s Next? The Big U-Turn? If this pattern completes in the current zone and starts bouncing upwards, we might witness Nifty’s journey from Nervous to Nirvana—a potential upside move towards 25,000, possibly even 26,277 for a new high! Are We Ready for the Grand Turn? Just like life, trading is about preparation. Those who anticipate the next wave will ride it effortlessly; those who hesitate will be left watching. Stay tuned as this unfolds—Catch me with another exciting idea from WaveTalks… Market Whispers! Can You Hear Them? Regards, Abhishek
NSE:NIFTY
by WaveTalks
20