Nifty - Elliot Waves Update
We are in a confusing situation right now.
Possibility 1 (in red): We are in an ED and E of ED got done in ABC
Possibility 2 (in blue): Larger C is going on and only 3 of C3 is done - We can head till 20500 (even lower) in this case.
In both cases we are either at bottom or within 5% of it. However, upside is big - at least 23500.
One good thing is that we recovered after a gap down in last 2 days, especially when US markets fell quite sharply yesterday.
Wait and watch time for traders. Deploy cash time for investors :)
Possibility 1 (in red): We are in an ED and E of ED got done in ABC
Possibility 2 (in blue): Larger C is going on and only 3 of C3 is done - We can head till 20500 (even lower) in this case.
In both cases we are either at bottom or within 5% of it. However, upside is big - at least 23500.
One good thing is that we recovered after a gap down in last 2 days, especially when US markets fell quite sharply yesterday.
Wait and watch time for traders. Deploy cash time for investors :)
İlgili yayınlar
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.
İlgili yayınlar
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.