Hello, Just zoom out daily chart you can clearly see wave 3 is extended. Elliot wave - The Guideline of Equality says that two of the motive sub-waves in a five wave sequence will tend toward equality, which is generally true of the non-extended waves. This means that, when Wave 3 of an impulse wave is the extended wave, Wave 5 will approximately equal Wave 1 in...
Updated counts in previous post my view was its corrective rise - or impulse wave of C or X updated counts are perfect as per rules and guide lines Regards
LD - B - IM LD - leading diagonal - wave A wave B IM - Impulse - wave C i have no doubt this is corrective rise now next move is very imp.
Its bullish but not for long term prize can retrace and break avgs of minor wave 2 of 5 avgs should hold the prize for this view
Nifty 50 Wave Count And Targets optional counts are in perple Minimum after Ending Diogonal Target 1 21763.10 if turns from here then 21956.45 - 22149.80 Target 2 21487.85 Target 3 21137.20
Nifty wave count and trend update In Daily time frame Ending Diagonal - Trend line yet not break
Nifty view is clear - short term down In daily chart 20SMA and Weekly AVG giving support. if breaks next target will 40 EMA - 0.618 below that market trend will be totally changed
Trend - Down Ending Diognal is over now - wave C-5 of 5 is over 20 HSMA Break 40 HEMA Break Targets are given level by level
Hello Friends, Sunday is a good time to count wave Nifty still in ending diagonal pattern Counts updated. We are in 5C of 5 of Ending Diagnal pattern and its last leg of ED and this prime impuls cycle. Regards
Nifty in full Bull mood - as yesterday's count we saw wave A retracted litle bit. wave C is going on but this will not retracted too much max to max 78.60% or 61.80% of entire XYZ. So this is an opportunity to buy on deep.
Nifty 50 wave count update and trend Fibonacci levels Green Targets Red Stoploss
Nifty facing hurdel around 100% retracement level its strong resistance. Suddenly a decline in the activities of FII and DII is visible. It seems everyone is confused. Everyone is confused about the rise that is happening here, is it an impulse rise or a corrective rise? Counting makes our work easier - view is clear. The main reason is that in the past (2008...
Nifty Wave Count and Trend Trend - Bear Stoploss @ 61.8% Target 1 Y or A Channel will be updated after new high of wave B or X wave B or X target 50% to 61.8%
Wave count and target updated wave A completed wave B completed wave C is running Targets are clear
Nifty 50 - market is in correction Stop loss Entry and Tagets are clear
Nifty 50 - Ending Diagonal Triangle - impuls counts are over Reversal started and first target is 38.2% Fibonacci retracement level of entire move of ending diagonal
Nifty ending diagonal - wave 5 of 5 - Target 123.6% or 161.8% retracement of wave 4 Equeal to wave 1