NIFTY - SHORT TERM AND LONG TERM WAVE COUNT AND TREND
NIFTY - SHORT TERM AND LONG TERM WAVE COUNT AND TREND
About short term trend and counts
Right now Nifty index is unfolding minor wave iv as i projected in my previous post
price can kiss 40HEMA or will take support at 38.2% of 50% of Fibonacci retracement level. and after general parliamentary election high probabilities of unfolding minor wave - v, kindly note here minor wave - v can be extended (guide line)
About long term trend and counts
After unfolding minor wave - v - corrective wave of primary cycle will start
after covid 19 wave - I of Cycle is extended in 13 primary wave and speedy - it means wave 3 will be slow and lethargic. after correction of wave IV of prime cycle - wave V of Cycle will start. and we can see top of wave V in 2027.
educational post
Regards
About short term trend and counts
Right now Nifty index is unfolding minor wave iv as i projected in my previous post
price can kiss 40HEMA or will take support at 38.2% of 50% of Fibonacci retracement level. and after general parliamentary election high probabilities of unfolding minor wave - v, kindly note here minor wave - v can be extended (guide line)
About long term trend and counts
After unfolding minor wave - v - corrective wave of primary cycle will start
after covid 19 wave - I of Cycle is extended in 13 primary wave and speedy - it means wave 3 will be slow and lethargic. after correction of wave IV of prime cycle - wave V of Cycle will start. and we can see top of wave V in 2027.
educational post
Regards
Trade closed: target reached