This is weekly chart of nifty from low of 6825 to 12440.
In this we have completed wave1,2,3 and wave 4 is in progress.
This wave 4 is progressing as a skewed triangle and we be very
near to completing it and proceed for a new high.
Only condition the trend line drawn should not be broken on
weekly closing basis.looks strange??
if the trend line is broken then counts will change.
In this we have completed wave1,2,3 and wave 4 is in progress.
This wave 4 is progressing as a skewed triangle and we be very
near to completing it and proceed for a new high.
Only condition the trend line drawn should not be broken on
weekly closing basis.looks strange??
if the trend line is broken then counts will change.