Índice Nifty 50
Viés de alta

NIFTY GOING UP to 19000 BUCKLE UP FOR THE RIDE!!!

https://www.tradingview.com/x/tAcsJO3U/

Price has started making Higher Highs which denotes an Uptrend, currently Price is giving a correction in the downward direction which again sigifies the Impulse Wave is in Uptrend and hence Uptrend is confirm.
Price has this Fresh Demand formed in The Daily chart which synchronises with the Weekly Demand as well, hence this is a Trade Zone in Daily with a minumum Risk 1 against the Reward of 13 makes this a favourable Reward to Risk ratio Trade,
The Target is derived as per the Fibonacci Extension considering the Wave 3 @ 1.618 Level which is Price 18948.15.

Cheers !!! Enjoy the Ride!!!
Elliott Wavenifty50nifty50pricetrendanalysisniftyindianiftylongniftypredictionniftytargetniftytradeniftytradesetupniftytrendSupply and DemandTrend Analysis

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