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dhinesh_kumar

Elliott wave analysis # clarification on my last analysis

Indeks Nifty 50 (NSE:NIFTY)  
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NSE:NIFTY   Indeks Nifty 50
Elliott Wave Wave Analysis NIFTY nifty50 niftytrend niftyindia niftyanalysis niftyoutlook niftyprediction niftyview
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elliottwaves waveanalysis nifty nifty50 niftytrend niftyindia niftyanalysis niftyoutlook niftyprediction niftyview
My previous analysis is still valid. Just the correction is being extended.

Disclaimer: This is just my personal view. You are advised to rely on your own analysis while taking trading decisions.
Komen:
Nifty Trade setup for 27-May-2021

snapshot
Komen:
BankNifty Trade setup for 27-May-2021

snapshot
Komen:
The above two charts are for 28-May-2021
Komen:
Invalidate my whole analysis if breaks today high (nifty 15455.55 and banknifty 35436.65)
Komen:
Nifty broke the high. I expected ABC from yesterday, but now based on formation, it is impulse.

In BankNifty, see the wave formation from 24th May low to today high, it is clear ABC-X-ABC. Then how can it go up. There is small pass.

Nifty
snapshot

BankNifty
snapshot
Komen:
There is no way to break today's high. Suppose if breaks, this type of wave formation I could not decode.
Komen:
If happens as per analysis, then the fall should be sharp and quick and should not take time.

Idea Berkaitan

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Elliott wave analysis # still in wave B of 2
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