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JGopinath
Jun 29, 2021 3:37 PM

Nifty crash is possible for 1500 points Short

Nifty 50 IndexNSE

Description

Everything explained in chart.

Watchout for Nifty weekly MACD cross over and check this chart for more confirmation.
Comments
light_kumar
logic of being bearish... explain
JGopinath
@light_kumar, it's based on Elliott Wave calculations. That's the reason I also drawn Fibonacci levels for that EW.

that fibonacci level tells you the wave start and ending point, if you know wave and fibonacci calculations.
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