Nifty Possible Triangle (Elliott Wave)

23 thg 7, 2018

Nifty looks to have completed W.d of the Triangle which means one more leg down for W.e and then Impulse to the upside which should take it higher then the 11080 level.
We wait either for W.e completion to go long or a break above the Trigger Line.
SL remains below W.c low 10935.

23 thg 7, 2018

Ghi chú

Nifty updated count on Hourly chart : Bullish on close above 11123 :

23 thg 7, 2018

Ghi chú

Long Triggered.

24 thg 7, 2018

Ghi chú

Exited longs in profits at once, will look to re enter later :

26 thg 7, 2018

Ghi chú

Wave .iii looks complete, expecting move till T1 and T2 levels for Wave .iv :