From the last idea- WaveTalks: Nifty-Can Bulls Bounce Back?- The Irregular Triangle
Few Adjustments done. Wave- D has been changed to 17941 Highs as discussed over the last idea.
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Since Morning @ 8th Oct2021 - How Index unfolded
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It could be part of the corrective structure. D-Wave could be complex correction & possibly may end as Ending diagonal (Rising Wedge) in the last part (strictly valid only below 17950)
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Why 17950- is Critical level???
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Irregular Triangle B-Wave High is 17948 crossing above that level structure invalidates & has to be reviewed again.
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As discussed in the last idea suggested above for reference.
150 + Points in the session so far achieved
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Keep in mind the critical level - 17950 & E- Wave Pending if 17950 is protected. Thanks
Few Adjustments done. Wave- D has been changed to 17941 Highs as discussed over the last idea.
-------------------------------------------------------------------------------
Since Morning @ 8th Oct2021 - How Index unfolded
-------------------------------------------------------------------------------
It could be part of the corrective structure. D-Wave could be complex correction & possibly may end as Ending diagonal (Rising Wedge) in the last part (strictly valid only below 17950)
---------------------------------------------
Why 17950- is Critical level???
---------------------------------------------
Irregular Triangle B-Wave High is 17948 crossing above that level structure invalidates & has to be reviewed again.
--------------------------------------------------------------------------------
As discussed in the last idea suggested above for reference.
150 + Points in the session so far achieved
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- Selling below 17950 - dropped 100 points came to 17840-17850 zone
Suggested Minor Support Zone 17840-17850 - If zone holds then bounce can be expected - got the bounce to 17930+
Keep in mind the critical level - 17950 & E- Wave Pending if 17950 is protected. Thanks
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.