Nifty 50 Neowave ForecastNamskaram Everyone
I know with all the uncertainty war, crude prices how can we predict the long term market. But market is actually a mathematic equation with psychological events. So we read this with neowave.
So I will try to explain my logic with different neowave charts, kindly pay atttention.
The current chart>>>>The Daily Chart
This price action is simple price has fall 2 tmes with wave-1 and wave 3.
Currently we in wave-4 and we should expect another fall as wave 5.
Let zoom in like a google map further to understand the wave-4 structure.
This is Hourly Chart-
This is wave - 4 internal structure, as you can see we are have complete 4 leg structure A,B,C,D And E is going on.
So whenever we go below D, selling will activate or try to take position if we go above the C.
Lets zoom further this wave hourly wave-E, and as you can see its just started, so its should consume a some time here.
So this is how we see charts with neowave like a google map.
But let see bigger picture also for long term, so lets zoom out the chart
This is weekly chart, the structure started in 2022 and its just finished in 2026.
Lets zoom out further
This is Monthly chart, from 2022 to 2026 price going up multiple swings,
so this is wave 1 of a bigger cycle and we are in colsolidation of wave -2.
and this wave 2 should not breach the level of 21137. if does complete structure will change.
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Thank you
