NIFTY: POWER OF ELLIOTT WAVES
May 04, 2023
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Elliott wave along with simple price indicator helps to form powerful setups with a good accuracy.
Below is the various chart shown from a webinar conducted live with 1000s of participants.
NIFTY 15 MIN CHART (ANTICIPATED ON 3rd MAY)
NIFTY (HAPPENED as on 4th May)
Nifty has been moving precisely as per the Elliott wave and the above chart shows the same. As we can see, minor wave iv has completed near 18050 levels, and prices have reversed precisely from there. Currently, minor wave v is in progress.
One should combine Elliott wave along with simple price indicators which works like magic! When the majority were guessing direction, we used these techniques and were able to capture the up-move by adopting a scientific approach towards trading with the use of simple Elliott wave.
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