Priyal_Patil
Short

Euphoric e-wave

NSE:NIFTY   Nifty 50
z-wave continues to form a diametric pattern
current downside leg = f-wave
next upside pattern = g-wave
and then the major fall!
Comment:
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Wow !! Excellent chart work . So 'g' wave is complete and we are now in the fall zone.
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Priyal_Patil ShanTrader
snapshot
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ShanTrader Priyal_Patil
Very good chart work. So seems that strong support is expected in the near term around 8540-50 zone and if it's broken then on the larger trend line a little lower for a good bounce back to complete 'g'. Thanks for sharing your valuable insights.
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