sudhannayak

Is Nifty on Leading diagonal

sudhannayak Aktualisiert   
NSE:NIFTY   Nifty 50 Index
Om Namah Shivay

Brothers, Nifty could be making a leading diagonal. Check the chart.
Little early to confirm the same.

And that will confirm the pattern and target. The target is based on the (2)/B obviously.

The future possible moves are on chart.

This is just education purpose only. There are no trading suggestion from this.

Om Namah Shivay
Kommentar:
Brothers, There are some corrections here.

Sorry that i taken time to corect this.

As per the Expert Elliott Wave Sir, The leading diagonal in a declining transposes to something else. it mostly does not stay as a Leading diagonal. Transposing to something else is definite.

With That in mind, the chart pattern looks too early to confirm stage. and we have a learning

A leading diagonal in a downtrend transposes to somethig else. Mostly it does not stay as leading diagonal. An Ending diagonal is a possibility in W5 in a declining.
Trade geschlossen: Ziel wurde erreicht:
The pattern reached it's target.
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