Elliott Wave Diagonal pattern. Nifty on completion of single leg of a longer Diagonal pttern on weekly TF. Expected move within this pattern to complete and move after its competion. Analysis included Time correction also.
Trade active
Kindly take a note "D" still not confirmed.
Will be updating within 2 week.
Note
Updated chart. 56 Days corrective price action likely to complete (see Green Vertical Line)
Days calculation taken as per previous impulsive rise which has completed in 56 days.
Depicted sloping TLine are equally important.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.