ASX200 Nifty 50 Technical Analysis Elliott Wave 29 March 2019
ASX200 & Nifty 50 Technical Analysis Elliott Wave and Trading Levels ASX200 Australia ASX200 Elliott Wave: Wave v of (i) or (c) to 6220 TradingLevels: 6200 in Trading Levels terms is 62% (61.8%) so the 6200 as support or resistance is the catalyst for the next direction, this will take a good few sessions to unfold. Trading Strategy: Allow the impulse wave up from 6100 to 6200 - 6220 zone to complete, the wait for the corrective phase the abc correction and if the 6200 becomes support after that, then trade long.
NIFTY 50 India Elliott Wave:Wave (iv) unfolding across 11,500 Wave (v) can move to 11800 TradingLevels: The 11500 as support or resistance should influence the trading direction Trading Strategy: The market is trading above 11500 but it hasn't retested it as the support, this needs to occur to confirm the direction.
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