Wave Strategy Home Forums Trader’s Forum Nifty_50_monthly

This topic contains 4 replies, has 3 voices, and was last updated by  sachin pandey 1 month ago.

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  • #251813

    sachin pandey
    Participant

    Hi , please check which count is correct the RED one or the BLUE one or None of them if so than what am i doing wrong???

  • #251817

    Ashish Kyal
    Keymaster

    Wave 3 is not impulse and only corrective

  • #251819

    Krishna Mohan
    Participant

    First was is not looking impulse and even in the below image is share it is not impulse because 2nd and 4th wave are not alternating. Whereas if we consider it as primary 1  the second wave looks diametric and ended in march and bounced as per two stage confirmation and 3rd wave is continuing now. This is what my observation is.
    Nifty_Monthly_Neo

  • #252132

    Ashish Kyal
    Keymaster

    Good observation Krishna, Possible that wave 2 is over at the lows of March

  • #252139

    sachin pandey
    Participant

    @Ashish so if Krishna’s observation is correct then we are in Impulse wave 3 but my understanding was ki we are in corrective mode for may years now. I am a bit confused.

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