Interesting Period Observation in Nifty movement going forward

١٣ نوفمبر ٢٠٢٢

* I personally don't give too much attention on moon-phase for price-action *
BUT
One very interesting observation I have.

Just use a simple prediction where the Nifty can go from there. A couple of observations:

• The dotted line is the prediction based on the last 50 days similarity pattern of the price action.
  
• Its going up for 14 days (1 moon period), then down to another 14 days and then again up for 28 days!
  
• And the movement is perfectly inline with Elliot Wave 1-2-3-4-5 impulsive price pattern.
  

Just an observation, not a recomendation.