In this article I'm doing Elliott Wave Analysis of Nifty and discussing Swing Trading Strategies for the same.
As of now it seems that the 1st leg of impulse has completed near the recent high around 8980, but there is a slight possibility that the Wave 5 of this impulse might head a bit higher, however from a trading perspective this implication will have no effect and the strategy would be to buy on dips.
Strategies :
1. If Nifty gives a correction till the 8445 to 8300 region then buying can be done on this pullback.
2. Or buying can be done at the break above the high of 8980 region.
I will update further as market proceeds.
As of now it seems that the 1st leg of impulse has completed near the recent high around 8980, but there is a slight possibility that the Wave 5 of this impulse might head a bit higher, however from a trading perspective this implication will have no effect and the strategy would be to buy on dips.
Strategies :
1. If Nifty gives a correction till the 8445 to 8300 region then buying can be done on this pullback.
2. Or buying can be done at the break above the high of 8980 region.
I will update further as market proceeds.
Unmatched 80% plus forecast accuracy for 6 years : 50eyes.com/forecast-accuracy/
Video Course : 50eyes.com/elliott-wave-course
Author : Think with the Markets
Video Course : 50eyes.com/elliott-wave-course
Author : Think with the Markets
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Unmatched 80% plus forecast accuracy for 6 years : 50eyes.com/forecast-accuracy/
Video Course : 50eyes.com/elliott-wave-course
Author : Think with the Markets
Video Course : 50eyes.com/elliott-wave-course
Author : Think with the Markets
関連の投稿
免責事項
これらの情報および投稿は、TradingViewが提供または承認する金融、投資、取引、またはその他の種類の助言もしくは推奨であることを意図したものではなく、またこれらに該当するものでもありません。詳細は利用規約をご覧ください。