Índice Nifty 50Atualizado Nifty50 Trend Analysis as per Wave Theory
It is currently undergoing Wave 4 correction.
Support is around 20860 level which is also at 38.6% Fib level and key support level as highlighted in green dashed line.
Minimum target for Wave 5 can be around 23000 level, can go higher only if upside break out happens.
Maximum target can be 25400 level. Wave 5 is more likely to be extended as Wave 1 & Wave 3 are of equal length.
Use this correction as buying opportunity in specific stocks or sectors where bullish chart patterns are visible. Avoid stocks which have rallied too much.
Do your own due diligence before taking any action.
Peace!!
Support is around 20860 level which is also at 38.6% Fib level and key support level as highlighted in green dashed line.
Minimum target for Wave 5 can be around 23000 level, can go higher only if upside break out happens.
Maximum target can be 25400 level. Wave 5 is more likely to be extended as Wave 1 & Wave 3 are of equal length.
Use this correction as buying opportunity in specific stocks or sectors where bullish chart patterns are visible. Avoid stocks which have rallied too much.
Do your own due diligence before taking any action.
Peace!!
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Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.