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?
