Priyal_Patil

Complex e-wave (Nifty getting worse)

Short
Priyal_Patil Updated   
NSE:NIFTY   Nifty 50 Index
e-wave of the Expanding Triangle is forming a complex correction.
z-wave of the complex correction is in progress.
z-wave has just begun with its internal a-wave. It is now crucial to see what pattern it forms.
The c-wave drawn at end may or may not form a diagonal. This is just a possibility.

There are many other possibilities for z-pattern.. But this possibility of z-wave looks more probable to me. Lets see.
Comment:
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.