A chart was published on Trading View for Nifty on 14.07.2022, your likes compelled me to take your input as a positive feedback.
And I have tried to explore the errors and have rectified some points for you. (Please comment if any are still there)
A leading diagonal can have 3:3:3:3:3 subdivision (common) and can also have 5:3:5:3:5 subdivisions.
Here we can see we have first type of subdivisions. We have broken out of a parallel channel downside and we are in B wave upside.
Still the view is same. Long may be initiated near the green colour line.
Thank you for your likes and comments.
Please do your own analysis before opting for a trade or investment.
Regards.
And I have tried to explore the errors and have rectified some points for you. (Please comment if any are still there)
A leading diagonal can have 3:3:3:3:3 subdivision (common) and can also have 5:3:5:3:5 subdivisions.
Here we can see we have first type of subdivisions. We have broken out of a parallel channel downside and we are in B wave upside.
Still the view is same. Long may be initiated near the green colour line.
Thank you for your likes and comments.
Please do your own analysis before opting for a trade or investment.
Regards.