prowhale

prowhale Updated 

Hello Fellow Traders, This is my elliott wave analysis on Nifty 50 Index. I am expecting nifty to touch 20500 in this 5th wave. As per my learnings 4th wave is just completed on 18th Aug 2023; if there is any room still to correct price can come till 18888 as wave 4 should not come in to range of wave 1 otherwise 5th wave journey is already started once...

prowhale Updated 

Hello Fellow Traders, I am bringing one more EW chart analysis for your kind perusal. Expected WAVE C Projection is 6399 - 6292. before it resumes new impulsive WAVE.

prowhale Updated 

Hello Fellow Traders, This time i came up with Gold Spot / USD EW analysis idea. it has been identified what WAVE is completed on 18th August and picking for WAVE 1. Above 1924 is good for buy (once retested even on lower time frames)till 1987.

prowhale Updated 

Hello Fellow Traders, I started learning Elliott Wave Analysis with online free tutorials. I could able to draw based on rules I learned and wanted to put in public to correct and learn my mistakes. Last leg of irregular ABC is in progress and it will be end before 2618 and I feel next WAVE will be fast.

prowhale

Nifty showed positive divergence during price fall since last friday. RSI showing continuous increase in strength while price is continuously falling down. swing high of range selected for analysis is 17176.. which is achieved today.

prowhale Updated 

My study has found nifty in negative divergence, swing low 17166 will be unconditionally tested to make further high..