Nifty today seems completed Y.a at 5477.20....
How Y.a identified as ended....
60 mins chart shows a wedge broken out....
30 mins chart has made lower low and hence yet Y.a only over....
Y.b and Y.c yet to do....
Y.b can do min 5755 max 5945 in coming days....
15 mins charts confirms Y.a ended as positive divergence between Y.a.a and Y.a.c
3 mins chart shows final leg postive divergence ( yesterday & todays move)
Above 5604 only, confirms Y.B started from 5477.2.....
1 min chart shows zig zag in progress rather than impulse labels....
Triangles wont appear in ii nd wave (shown in light green)...
channel broken too....
How Y.a identified as ended....
60 mins chart shows a wedge broken out....
30 mins chart has made lower low and hence yet Y.a only over....
Y.b and Y.c yet to do....
Y.b can do min 5755 max 5945 in coming days....
15 mins charts confirms Y.a ended as positive divergence between Y.a.a and Y.a.c
Above 5604 only, confirms Y.B started from 5477.2.....
1 min chart shows zig zag in progress rather than impulse labels....
Triangles wont appear in ii nd wave (shown in light green)...
channel broken too....
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