Based on Elliot wave analysis
Still we hold recent low made @ 17215 we can still bounce and have probability to make new high In nifty. Once it breaks above level than we can expect a further correction before turning high.
However any good correction should be very good opportunity to buy Nifty for a longer term as we are just in completion of Wave I in Red and still have to make wave III and Wave IV in Red colour which will take Nifty to super high level in coming years
However any good correction should be very good opportunity to buy Nifty for a longer term as we are just in completion of Wave I in Red and still have to make wave III and Wave IV in Red colour which will take Nifty to super high level in coming years
Trade fechado: stop atingido
Since crossed entry level which was our modified stop loss
Aviso legal
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