Priyal_Patil
Short

Nifty looking over the cliff

NSE:NIFTY   NIFTY 50
8 months ago
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.
8 months ago
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
8 months ago
Comment: Call this pattern now as an Expanding Triangle.. View still remains the same
8 months ago
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
7 months ago
Comment:
snapshot
7 months ago
Comment: Possible internal pattern of z-wave as shown above.
7 months ago
Comment:
Complex e-wave (Nifty on its verge of collapse)

Related Ideas

karthikeyan397
8 months ago
Correct Count
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karthikeyan397
8 months ago
sir give Ur blog & mail ID.
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Priyal_Patil karthikeyan397
8 months ago
I don't have a blog actually. You can shoot me a mail at pdpatil44@gmail.com
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ganeshpaudel85
8 months ago
what is your july monthly target??
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Priyal_Patil ganeshpaudel85
8 months ago
e-wave is still in progress.
It might hover around the channel resistance.
For now on upside, Nifty can go up to 8500
Reply
Priyal_Patil
8 months ago
Call this pattern now as an Expanding Triangle.. View still remains the same..
Reply
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