ABCDE TRIANGLE CORRECTION is about to complete in NIFTY,
As per NEO wave counts temporary low formed in NIFTY@16142.
wave 'E' segment is less than wave 'A' segment is the first confirmation of correction ending.
The final C wave is also less than A ,in wave E segment also give a secondary confirmation.
to get a final confirmation bulls has to lift the nifty to 17132..or above before next week end(20/05/22)
trade accordingly
As per NEO wave counts temporary low formed in NIFTY@16142.
wave 'E' segment is less than wave 'A' segment is the first confirmation of correction ending.
The final C wave is also less than A ,in wave E segment also give a secondary confirmation.
to get a final confirmation bulls has to lift the nifty to 17132..or above before next week end(20/05/22)
trade accordingly
Trade active:
Trade active:
Comment:
Comment:
Retest of trendline
Trade active: