Seems we have entered a bear market / CORRECTION .. ending diagonals formed at top of 18350 levels in from of wave (b),
also diametric diamond pattern (ABCDEFG) completed upto 17639 levels in from of neowave completing "B" of higher degree.
now we are in C wave which is probably forming expanding wedge pattern..
Its my vision for the Nifty Ahead,
Lets us be invested and believe in the process !!
Targets approaching this Diwali or before ....
* updates are for educational purpose , Trade at your own risk !!
* its purely an individual thought !!
I am looking this pattern to unfold in SBI BANK - BHARAT KI BANK !!
Target 1 - 677
Target 2 - 896 ( extended case)
target 3 - 1115 ( extended case)
Time Frame - by JUNE 2022
* FOR EDUCATIONAL PURPOSE ONLY, TRADE AT YOUR OWN RISK !!
If this trandline isn't sustaining then we may see 16600 or lower ..
watch carefully till moday .. else we are heading for 19000+ for another speedy rally
* for educational prupose only , donot trade !!
I think nifty is going to shoot a sharp upside.
Before we enter into multi year bull run we may or may not see 25% correction from tops..
* for educational prupose only, trade at your own risk !!
nifty hourly charts showing negative divergence while Elliot waves counts & stocks are suggesting uptrend so I am expecting a strong move ( may be 4-5% up by the end of the day) on Tuesday with a gap up opening breaking all time high..
get ready for the action !!
* for educational purpose only, trade at your own risk
Heavy inflows of foreign money & intensity of rise & gaps in every rise is giving indication that we are in 3rd wave of 3rd bigger degree
and I wont be suprised to see this trending 30000 levels in nifty
the fall we saw at 7500 can be 2nd of 3rd as 2nd wave fall is generally seen intense ,bigger degree 2nd waves are seen at 61.8% to 78.6% while in...