I am posting this chart with labeling ABCDE which constitutes 5 abc corrective up move pattern.This is a DIAGONAL which always have 3-3-3-3-3. and with shallow corrections (less in time ).
YES as for as RECOVERY WAVE for our MARCH CORRECTION(3 WAVES)I is now completed.
The next wave is WAVE ''C'' Which could correct DOWN WARDS in 5 wave forms. today we had wave 1.
trade only in the direction of TREND which is now DOWN . before that confirm ,till this week NIFTY will not making a new high
YES as for as RECOVERY WAVE for our MARCH CORRECTION(3 WAVES)I is now completed.
The next wave is WAVE ''C'' Which could correct DOWN WARDS in 5 wave forms. today we had wave 1.
trade only in the direction of TREND which is now DOWN . before that confirm ,till this week NIFTY will not making a new high
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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.