Rajandran R FollowCreator of OpenAlgo Sketchmaker, RagZ. Building GenAI Applications. Telecom Engineer turned Full-time Derivative Trader. Mostly Trading Nifty, Banknifty, High Liquid Stock Derivatives. Trading the Markets Since 2006 onwards. Using Market Profile and Orderflow for more than a decade. Designed and published 100+ open source trading systems on various trading tools. Now the recent curiosity on building Trading AI Agents.
Visible Elliot Wave Count from Nifty Daily charts
12 sec read
[wp_ad_camp_5]
Daily wave shows we are in the progress of making 2-4-3 downwave. Possibly this wave could end near 2362 which is 161.8% of downward retracement between the 3147-2662(i.e 161.8% of retracement from the 2-4-1 wave).
Just for Readings For those Who intrested in reading Elliot wave patterns.
Rajandran R FollowCreator of OpenAlgo Sketchmaker, RagZ. Building GenAI Applications. Telecom Engineer turned Full-time Derivative Trader. Mostly Trading Nifty, Banknifty, High Liquid Stock Derivatives. Trading the Markets Since 2006 onwards. Using Market Profile and Orderflow for more than a decade. Designed and published 100+ open source trading systems on various trading tools. Now the recent curiosity on building Trading AI Agents.
In May, the National Oceanic and Atmospheric Administration predicted a near-normal 2019 hurricane season, which runs from June 1 to November 30. But,...
Dear Rajandran,what you have labelled as 2-1, 2-2 ….. should be 3-1, 3-2 and so on these are 3 ka 1 , 3 ka 2 like wise and will end as the 3rd wave.
Yes Nimesh you are right it should be 3-1,3-2,3-3,3-4,3-5 and 3-5 marks the end of 3rd wave…Thanks for your feedback