Hello Traders,
NIFTY50 extend my alternate price target to 17407.50 today. This is shy above the lower range, which I have determined at my later analysis!
So, one open target has been left; 17500 area.
Today, I show you the bullish count. I am not sure right now, the way I count waves ((w))-((x))-((y)) of ii, because it lacks „the right look“!?
Anyway! If somebody feels „uncomfortable“ with this count, let me know.
If N50 is willing to extend, the next targets are at or around 17463-17590-17788.
It needs a break of the 17162.95 to call out a „corrective move“ to the downside.
Have a great week.....
Ruebennase
Feel free to ask or comment!
Trading this analysis is at your own risk!
NIFTY50 extend my alternate price target to 17407.50 today. This is shy above the lower range, which I have determined at my later analysis!
So, one open target has been left; 17500 area.
Today, I show you the bullish count. I am not sure right now, the way I count waves ((w))-((x))-((y)) of ii, because it lacks „the right look“!?
Anyway! If somebody feels „uncomfortable“ with this count, let me know.
If N50 is willing to extend, the next targets are at or around 17463-17590-17788.
It needs a break of the 17162.95 to call out a „corrective move“ to the downside.
Have a great week.....
Ruebennase
Feel free to ask or comment!
Trading this analysis is at your own risk!