NIFTY... CORRECTION AHEAD
Nifty has been in the parallel channel for quite some time and has completed the 5th Elliot wave.
We are likely to see a zig-zag correction where wave A is completed.
Wave B is most probably the last bull run we'll see ahead of Diwali.
The support line of the parallel channel is likely to be broken and I'm expecting a sharp correction in nifty (wave C) to 17000 levels.
Trade carefully. Please share your opinion on this analysis.
We are likely to see a zig-zag correction where wave A is completed.
Wave B is most probably the last bull run we'll see ahead of Diwali.
The support line of the parallel channel is likely to be broken and I'm expecting a sharp correction in nifty (wave C) to 17000 levels.
Trade carefully. Please share your opinion on this analysis.
Trade ativo
Nifty finally reached the support zone!
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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.