IS Nifty going to go down tomorrow to make Wave 5 ?

19 בפבר׳

Nifty has been in a correction mode ( for the current wave),
from 4 feb 25 ( from which we are wildly trying the Elliot Wave).

The wave ( IV ) seems being made already ? at 23052, which
can be our invalidation line for this suggestion ! that means if
price is going further up and ignores making of (IV), then our
complete assumptions to make the Elliot wave was wrong .

Today market opened gap down at 22850ish. and it has not
shown the speed to go up and break.

If this Elliot wave drawing is proper, then can the market see
a gap down tomorrow ? and then similar to today, as market went
down and came up, similarly, can we expect same tomorrow ?
And if the values go down , should we expect 22700ish value down ?
And we expect market to go up for few days from day after tomorrow ( how many days , we will make a post for that :)) ? if market does not go
up from tomorrow + Day after tomorrow, then expect a long down
movement.

Let us expect a reason and news for the market to correct and
then come up.

So what will happen day after tomorrow ? Naturally up if this holds correct !


Note : This is for educational purpose only. Assume that this is written for understanding market structure, and not for trading suggestion.

לפני 7 ימים

עסקה פעילה

Nifty 50 has a key date on 20th (tomorrow), the market movement options are mentioned in a separate idea. check it.