Nifty Long term Forecast - Wave Analysis

NSE:NIFTY   Nifty 50 Index
Based on my Wave Count the Larger Degree Wave III is coming to end as we are potentially in Final Wave of Wave III. Once that is done we might see either a Flat correction or a Triangle correction both of which are sideway correction which might take a year or more to unfold and the Fifth Wave Targets could be around 11100 to 11400 from where the markets might get into a bear market correction.

Just my analysis. I could be completely wrong. Do you own analysis and trade accordingly.

Happy Trading!


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