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WavesandZones

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

Long
Nifty 50 Index (NSE:NIFTY)  
WavesandZones  
NSE:NIFTY   Nifty 50 Index
Trend Analysis Elliott Wave Supply and Demand niftytrend niftyprediction niftytradesetup niftytrade niftyindia nifty50 nifty50pricetrendanalysis niftytarget niftylong
3
0
trendanalysis elliottwaves supplyanddemand niftytrend niftyprediction niftytradesetup niftytrade niftyindia nifty50 nifty50pricetrendanalysis niftytarget niftylong
snapshot

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!!!
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