In this video one can learn very important aspects of complex correction and its personality. Thanks for watching
Nifty Elliott wave update for 20april 2021
In nifty 45min chart from 15431 to 14249 its looks like a corrective decline as of now. If we see the internal structure of this decline then its looks like a Triple zigzag correction where, 15431-14468 1st abc 14468-15336 Link wave X 15336-14264 2nd abc 14264-14984 2nd link wave 14984-14249 3rd abc From 14249 bounce is already started and we need to see...
Nifty Elliott wave update for 15april 2021
Nifty Elliott wave update for 13april 2021
Nifty & Bank Nifty All time frame analysis for 12apr 2021 onward
Nifty Elliott wave analysis for 5April 2021
From 15431 it seems like a complex correction is going on where, 15431-14467 1st abc 14467-15336 link wave(X) as double zigzag 15336-14264 2nd abc At 14573 nifty completed double zigzag correction. Now trading above 14500 is a positive sign for nifty and it may go for new high unless this correction will turn into triple zigzag correction.
From 13596 wave (i), (ii) and (iii) is completed at 13773, 13778 and 15257. there is a confusion if wave (3) or (5) is completed at 15257 so we have to depend on the breakeven point which is coming at 14692. So 14908-14692 will be support range as of now but if nifty trades below 14692 then its a negative sign.
Nifty Elliott wave analysis for 4feb 2021
Nifty & Banknifty elliott wave analysis for 3feb 2021 onward
Nifty Elliott wave update for 2nd feb 2021
Nifty Elliott wave analysis for Budget day(1st feb 2021)
From 14753 it seems impulsive decline is going on and wave and is completed at 14371 and 14491 respectively. from 14491 wave (1), (2), (3) and (4) is completed at 14260, 14438, 13713 and 13966 respectively and from 13966 wave (5) is started. minimum projection of wave (5) is already achieved at 13669 and 61% is coming at 13486. for exact completion range we...
As expected in our last video extended wave 5 started from 13953 retraced 100% in quick time. Video link given below.
Is Bigger decline possible ???? Nifty & Bank Nifty elliott wave analysis for 25th jan onward
Nifty Elliott wave analysis for 18jan 2021 onward
Nifty is still in positive zone as long as trades above 14343. 14395-14343 is immediate support range.