Nifty elliot wave
Nifty elliot wave analysis
🔹️we are in the 5th wave.
🔹️Possible wave projection for wave 5 is 0.618 to 0.786 of wave 3 (17765 to 17528)
🔹️17100 and above levels will act as strong resistance for 23rd Dec expiry.
🔹️Any bounce to 17100 will get sold into.
🔹️Sharp bounce after wave 5 will confirm the wave completion.
Fun fact - wave 5 is where most retailers short the market and big hands cover their shorts.🙃
🔹️we are in the 5th wave.
🔹️Possible wave projection for wave 5 is 0.618 to 0.786 of wave 3 (17765 to 17528)
🔹️17100 and above levels will act as strong resistance for 23rd Dec expiry.
🔹️Any bounce to 17100 will get sold into.
🔹️Sharp bounce after wave 5 will confirm the wave completion.
Fun fact - wave 5 is where most retailers short the market and big hands cover their shorts.🙃
פרסומים קשורים
כתב ויתור
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.