Thursday, June 06, 2019

nifty chart

Lets look at the nifty count ,We still have a bull count .

Lets analyse it.

We can see a clear impulse ,After election result the move became bit complex and gave multiple signals. The new high nifty made was in fact the b wave the aka expanded flat pattern .So the potential of fall is still here towards 11600 ,Below which we fill the gap till 11400+-30.

Looking to revisit this count soon as the move matures.