The Nifty 50's Elliott wave pattern looks like a rally just started that will carry on well into the year 2018.
Past days wave action transformed the drop from November 6th into a three-wave corrective pattern. The road to the upside is now cleared. We forecast strong gains for the weeks ahead as the Indian market appears to be inside a third wave to the upside.
We'll let the wave action develop further before we forecast here specific targets. For the moment our long position as well as bullish forecast seem to be on the right track as more evidence adds up for our case.
Past days wave action transformed the drop from November 6th into a three-wave corrective pattern. The road to the upside is now cleared. We forecast strong gains for the weeks ahead as the Indian market appears to be inside a third wave to the upside.
We'll let the wave action develop further before we forecast here specific targets. For the moment our long position as well as bullish forecast seem to be on the right track as more evidence adds up for our case.
Not
Nifty traces first of wave of subminuette wave iiiİşlem kapandı: hedefe ulaştı
closing trade... the pattern is getting complex here. risk / reward shifts from good odds to 50/50Not
2.9% from initial trade
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.