NIFTY UPDATE
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NIFTY UPDATE, from the earlier chart you might have got some reference.
We were in 4th wave of down move and it looks it has completed the retracement for 4, i.e., 38% has been completed and the price got rejection from/above the 38% level. Now we can see nifty making a new low as per the leading diagonal.
Nifty has to break 16135 level and sustain below it for reaching to the marked area.
Please refer to the previous chart and be updated with latest.
Please do your own analysis before going for a trade/investment.
All learning levels are motioned in the chart.
Thank you
Regards
We were in 4th wave of down move and it looks it has completed the retracement for 4, i.e., 38% has been completed and the price got rejection from/above the 38% level. Now we can see nifty making a new low as per the leading diagonal.
Nifty has to break 16135 level and sustain below it for reaching to the marked area.
Please refer to the previous chart and be updated with latest.
Please do your own analysis before going for a trade/investment.
All learning levels are motioned in the chart.
Thank you
Regards
Note
Please refer to earlier chart for information.
Note
DOW 600+ and nifty flat...! what would be the reason...!Note
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