NeeteshJain
Long

NIFTY READY FOR NEW WAVE, COMPLETES CORRECTION PHASE

NSE:NIFTY   NIFTY 50
As per Elliott Waves Principles guidelines, Nifty             1.59% has completed its complex correction where two corrective patterns where formed. First was Flat correction pattern where 3 Waves (ABC) subdivdes into 5-3-5 correction (marked as W) and another is simple zig-zag correction where 3 Waves (ABC) subdivides 5-3-5 (marked as Y). Both were connected by inverted Zig-zag three waves pattern (marked as X)

This above complex correction completes the corrective phase of the previous wave and now we could see another 5 uptrending Waves.

Go Bulls, Go Bullish
leewongavatar
3 months ago
Are you still Bullish on NIFTY? any SL?
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NeeteshJain PRO leewongavatar
3 months ago
Yes until it breaks and close below 8520
Reply
leewongavatar NeeteshJain
3 months ago
Thank You Neetesh!
+1 Reply
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