Energy Index : Wolfe Wave in MakingNifty Energy IndexNSE:CNXENERGYCKParkhiCNXENERGY On a daily TF, Wolfe Wave is evident. The third drop prom the previous low is to be complete at point 3 before it moves up. Once it reaches to point 3, analyze the price action to enter. Nevertheless, this is going to be immensely rewarding as the up-move is going to be large as depicted by Pink trendline on the chart. Chose and pick the promising energy stocks once the index reaches to point 3. Until then......Patience!!!