Indice NIFTY 50
Short

NIFTY ABOUT TO EXPERIENCE THE BIGGEST CRASH EVER!!!

1614
snapshot

We see 5 Wave Upward impulse is complete and therefore now starts the Correction;

snapshot

We have verified the Wave 5 which confirms the completion of the Upward 5 Wave Impulse; we see Wave A and B which we will verify in the Lower Degrees to understand the current Correction structure better;

snapshot

So in Correction we have a Wave A [Flat]; Wave B [Zigzag Type 2(where Wave A or C have a proper Impulse whilst other has a ABC correction)];
Therefore, Wave A and Wave B are complete.

snapshot
Now depending upon the retracement of Wave B into Wave A we know what will be the Wave C formation; here we see that Wave B has retraced Wave A more than 80%; therefore Wave C will be a 5 Wave downward Impulse;

snapshot

This is how we will have Wave C

snapshot

So in Wave C we know we will have a Downward Impulse this is the Wave 1 (Leading Diagonal); as Wave 1 is a Leading Diagonal Wave 3 will be an EXTENDED WAVE.

snapshot

THIS IS ALL TO THE BEST OF MY ABILITY; GOD BLESS INDIA



Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.