Nifty Futures : Finding Real Bottom
Date 28.02.2025
Nifty Futures
Weekly Chart
Based on Elliot wave concept
1 Since Wave 1 & Wave 3 both impulsive waves were extended waves therefore, Wave 4 retracement could be deeper.
2 Currently market is under wave 4 corrective phase of ABC which is 3 wave pattern, hence the yellow mark are wave 4 areas
3 Currently at 78.6% on retracement of Wave 4 which is immediate hope, below this on weekly basis lower levels highlighted will be active.
Regards,
ANKUR
Nifty Futures
Weekly Chart
Based on Elliot wave concept
1 Since Wave 1 & Wave 3 both impulsive waves were extended waves therefore, Wave 4 retracement could be deeper.
2 Currently market is under wave 4 corrective phase of ABC which is 3 wave pattern, hence the yellow mark are wave 4 areas
3 Currently at 78.6% on retracement of Wave 4 which is immediate hope, below this on weekly basis lower levels highlighted will be active.
Regards,
ANKUR
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Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.