Tuesday, January 08, 2019

nifty wave counts

Nifty has been squeezing for a while .
The range is getting squeezed ,A triangle is in formation.
Triangles usually form when sectors are moving in opposite direction.
Lets look at the chart.

We have done WX ,Now Y is on. In Y a is done and b triangle is underway.
Eepect some more grinding before going for c up of Y .
lower side support is in 10600 range and upside break is above 10950.


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