Weekly Chart
I'm not an expert on Elliot Wave analysis. I'm just a casual learner.
I would love to get comments on whether my counts are okay.
Besides the wave predictions, Nifty is considered to carry on the uptrend till the green channel is broken decisively. The level is at 22500 for this week.
The falling wedge shown in red indicates an upward breakout thus continuing the uptrend.
follow me on Twitter http://twitter.com/#!/lucksr
Happy Trading !!
Lakshmi Ramachandran
No comments:
Post a Comment