Elliott wave analysis # resistance holding up-move
تم تحديثه
Tomorrow it may open above today's high and resistance can force the price down towards 15100 level.
Banknifty update:
Banknifty update:
ملاحظة
It should fall from here, else I need to re-check my analysis.Invalidated level: 15325
ملاحظة
Possibility: If open is not wave 5 of C, up-move is pending. Now it might move up to complete the pending activity - either wave 5 of C or wave Z.Don't trade it. I just go to watch it.
ملاحظة
Now from day low, either ABC or 123 completed.If ABC, it can fall from here.
Not for trading.
ملاحظة
Update:Nifty - from 24 May low to today high WXYXZ completed
Banknifty - from 24 May 9:20AM to 25 May 2:15PM Flat correction and then double-zigzag till today high
It should be impulse fall in Nifty and ABC fall in Banknifty.
Just sharing my view. Don't take it as trading advise.
ملاحظة
Nifty Trade setup for 27-May-2021BankNifty Trade setup for 27-May-2021
ملاحظة
The above two charts are for 28-May-2021ملاحظة
Invalidate my whole analysis if breaks today high (nifty 15455.55 and banknifty 35436.65)
منشورات ذات صلة
إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.