imkhushal

NIFTY 50 Elliott wave view

imkhushal Updated   
NSE:NIFTY   Nifty 50 Index
1. The Nifty is in its 4th wave of upside move
2. From the chart you can see its forming a tringle in descending pattern.
3. You can compare this chart with the real time chart which nifty is making.

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Comment:
now expect atleast 17576 to come
Comment:
Nifty reached 61.8% of retracement of 17576...this should hold.
Comment:
If it does not hold 17576 then we can expect trend downside upto 17000 16500. Stay away from option buy good stocks.

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