Chỉ số Nifty 50
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#Nifty || 20th July 2022 || Falcon Trader Analysis for #Nifty50

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Sharing weekly chart only for now,

Here if you see, I have marked two circles, the first green A wave was for wave 2 orange of monthly wave count, and this time second green A formation is for the wave 4 monthly count. Pretty simple, yet market can always surprise.

The first one was formed around 10th Jan 2022 and this time it is around 19th July 2022.

I will give a day or two for this to work or we will analyse for our mistakes if any.

I still take trades based on simple trend and Falcon CCI (Free indicator on trading view) and Falcon trigger line so that we work on candle by candle.

Please keep a simple rule, never go against Heikinashi Candles (if HA candle is green trend is up, if it is red we go down) simple.

Clear chart
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Looking for 1H time frame chart, check the links below.

So what are we saying?
I want this green A to finish somewhere - and then we will check again. I will share more charts soon.

Please check previous charts and see the transition that we had from 1st July onwards - all this is Falcon Waves - has always helped us in trading.
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Daily Chart
Blue ABC to form green A
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Example:
10th Jan 2022
Nifty Daily Chart showing Weekly Wave A formation
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