Priyal_Patil
Short

Nifty looking over the cliff

NSE:NIFTY   Index of the 50 listed India companies
Double correction in Nifty             is near its completion.

Final leg of the Neutral Triangle is in progress after which the Bear Impulse will begin.
It is now very important to see whether the e-wave will form some pattern or will end near the channel resistance.
Comment: e-wave is still in progress. Fall has not yet started.
Internal count of e-wave suggest some consolidating pattern for few more days and then trigger the Major Fall
Comment: Call this pattern now as an Expanding Triangle.. View still remains the same
Comment: Riding the Trend is better than catching the top in this situation.
Enter in the fall only when the reversal is confirmed.

Rare case possibility:
e-wave can produce a blow-off before the Fall.
which may cause the final leg to approach 9000 level
Comment:
snapshot
Comment: Possible internal pattern of z-wave as shown above.
Comment:
Complex e-wave (Nifty on its verge of collapse)
Correct Count
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sir give Ur blog & mail ID.
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Priyal_Patil karthikeyan397
I don't have a blog actually. You can shoot me a mail at pdpatil44@gmail.com
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what is your july monthly target??
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Priyal_Patil ganeshpaudel85
e-wave is still in progress.
It might hover around the channel resistance.
For now on upside, Nifty can go up to 8500
Reply
Call this pattern now as an Expanding Triangle.. View still remains the same..
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