Nifty wave A is 3 wave structure completed near 16376.
Wave B was zig zag correction moving more thann 0.618 fibonacci level of wave A.
Considering 16592 as top Wave C is expected to end in zones 16275 (100% of Wave A) to 16153 (138.2% of Wave A)
DISCLAIMER:There is no guarantee of profits or no exceptions from losses. The study provided is solely the personal views of my research. You are advised to rely on your judgment while investing/Trading decisions. Past performance is not an indicator of future returns. Investment is subject to market risks. Seek help of your financial advisors before investing/trading.
I may or may not trade this analysis
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Wave B was zig zag correction moving more thann 0.618 fibonacci level of wave A.
Considering 16592 as top Wave C is expected to end in zones 16275 (100% of Wave A) to 16153 (138.2% of Wave A)
DISCLAIMER:There is no guarantee of profits or no exceptions from losses. The study provided is solely the personal views of my research. You are advised to rely on your judgment while investing/Trading decisions. Past performance is not an indicator of future returns. Investment is subject to market risks. Seek help of your financial advisors before investing/trading.
I may or may not trade this analysis
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