15793-15768 is an immediate support range for nifty. for detailed understanding watch video. All time frame analysis video link given below. Thanks.
Nifty Elliott wave analysis is explained in detailed with monthly chart to 5min chart. Thanks for watching
From 14592 wave (i), (ii), (iii) and (iv) is completed at 15137, 14885, 15800 and 15450 respectively. from 15450 wave (v) is started and projection range for wave (v) is 15912-16197.
Nifty bounced from support range 15650-15557. So it seems wave (iv) is completed at 15567 and wave (v) is already started. Projection range for wave (v) is coming at 15908-16119.
15650-15557 is an immediate support range. Nifty if trades below 15557 then only negative. Double zigzag correction from 15044-14885 is looks abnormal but as of now I am not able to see any other wave count.
In this video idea I have discussed my view on nifty and bank nifty. Also shared an idea how we can find out potential stocks for investment(5-10 years). Thanks for watching
In this video idea i have explained the nature of nifty after completion of a correction and how it is behaving from 14151. And also included Bank Nifty analysis so kindly watch for detailed understanding. Thanks
This is Nifty 2hour chart. From 15431 its looks like complex correction is going on and its still not completed. As of now from 15044 last abc is going on and in which a and b is completed at 14416 and 14967 respectively and wave c started from 14967 may complete below 14151 to complete triple zigzag correction started from 15431. Have a Profitable trading..
Nifty Elliott wave analysis for 11May 2021
In 2hour chart of nifty from 15431 it seems triple zigzag correction is running and final abc decline is pending from 15044. from 15044 to 14416 wave A is completed and from 14416 wave B is started. After completion of wave B, we can expect wave C decline below 14151. For detail understanding kindly watch full video. Thanks for watching
Nifty 1hour chart is showing that last abc decline of triple zigzag correction may complete below 14151. And in 15min chart also bounce from 14416 is looks like corrective so overall we are expecting decline in nifty from present level or from given resistance level in chart. For detail understanding kindly watch video. Thanks for watching
In 1hour chart of nifty we are expecting final abc decline on down side to complete triple zigzag correction. And in 15min chart 14517-14552 is an immediate resistance range and if trades above 14552 then only positive. for detail understanding kindly watch video. Thanks for watching
In this video one can learn a lot about elliott wave counting as specially when one pattern is violated, that is what happened today as we were expecting triple zigzag pattern ended at 14151 but after breaking upper wedge line price breaks the same wedge line on down side which violated the pattern. Now what next is explained in detail. Thanks for watching ...
Nifty given very good up move as of now from 14273 as we were expecting in our previous videos. Now after breaking upper wedge line nifty need not to break the same wedge line for up move to continue. In this video I have explained detailed wave count from recent low 14151. Thanks for watching
Break out from Triple zigzag correction's upper wedge line is already happened. Now we need to concentrate on the bounce from 14151. And in this video I have tried to explain the same in detail. Thanks for watching
Nifty & Bank nifty both achieved our mentioned levels in last video and now it seems consolidation with negative bias is possible for one or two sessions. For detailed understanding kindly watch video.
In this video i am trying to explain Nifty 1hour chart where there is a high probabilities of completion of Triple zigzag correction at 14151 and in Nifty 5min chart 14583-14656 can be the minimum target range for coming sessions. Thanks for watching
In this video i have explained 1hour chart which suggesting complex correction is going on from 15431 and may be it is completed as triple zigzag correction at 14151 or still continue. 14280-14360 was an immediate resistance range and nifty closed above that range. now this same range will act as a support range. In 5min chart as of now its looks like a three wave...