Renuji, Do you track rupee dollar exchange rate in elliot waves? If so, can you post elliot wave chart of the same , monthly or yearly basis. Thanks ttthakur
nifty's head and shoulder pattern is still valid,as you could see that neckine is inclining upward as of now nifty has closed below necline which stands at 3601 ,even if nifty closes above necline the pattern remain valid until nifty goes above 3710 which is top of right shoulder.
with regard to your second question,sorry i dont track it.
Renuji,
ReplyDeleteNifty , today, intra-day breached 3581 but closed above 3581. Kindly clarify whether breaching of 3581 on closing basis shall signifty breach of neckline?
Thanks.
ttthakur
Renuji,
ReplyDeleteDo you track rupee dollar exchange rate in elliot waves? If so, can you post elliot wave chart of the same , monthly or yearly basis.
Thanks
ttthakur
hi...ttthakur,
ReplyDeletenifty's head and shoulder pattern is still valid,as you could see that neckine is inclining upward as of now nifty has closed below necline which stands at 3601 ,even if nifty closes above necline the pattern remain valid until nifty goes above 3710 which is top of right shoulder.
with regard to your second question,sorry i dont track it.
Renu