this is a continuation wave count of my earlier published chart here ,,,,, we have to reach 12300 to 12500 for final leg of expanding diagonal. some time we sort of its minimum target .. of final fifth leg "E"
so are we top out or not ? time will be tell
first support at 12300 and after 10100 is stand at bottom line of triangle, time frame is 2 to 6 month
i wished this chart wave cunts will be out come of election result, who will be win BJP or CONgress. i dont care, my wave cout will be right buy SL is 10600 or 10585 in closing basis. target will be 11000 and more
as always nifty is in bull run every third or second week market give u chance to enter, buy on deep, i informed u whenever i got some pattern, for but but sake of time ------and sake of tentative count -----i dont give u elliott wave count of diagonal triangle here,
but need a few words from visitor of my idea
as per attached chart ----look like nifty is in ending diagonal triangle pattern , have a look at chart and take your decision, for me buying around 9355 and SL is below 9340 or tomorow"s low of dated 24may 2017,