possible path for NIFTY in the days ahead.

Aktualisiert
it seems wave B of the larger correction is complete and we are in wave C

1. Case 1
We may have completed wave 1 of the larger wave C, and wave 2 is an ABC affair (which seems to be more probable) and is still ongoing. It could potentially rise to 24200. This would mean the market is still in a rising phase before the next impulsive wave begins.

2. Case 2

wave 2 is complete and we are in wave 3 which can go much down.

What to do

If NIFTY goes below 23550 we may be in wave 3 of larger wave C. Below which can go short. otherwise, if it goes above 23800 then we should look for 24200 as our next target.




Trade ist aktiv
We have completed wave 5 of larger wave 1 of wave c. Now we are in wave 2 of larger wave c
Trade geschlossen: Ziel wurde erreicht
current fall in NIFTY clearly shows that we are witnessing wave 3 of larger wave C.
Wave Analysis

Haftungsausschluss