Nifty is moving as per our previous prediction posted on 5th March.
After making a low of 21964.60, which is the completion of wave Z, the price is moving upwards.
If this move is impulsive, the price must reach 100% level (23026.85) by 21st March.
At this level, there is a cluster of Fib retracement level of 23.6%
Further targets will be 127%, and 161.8% levels.
This analysis is based on Elliott Wave theory and Fibonacci.
This is not any buying recommendation.
For educational purposes only.
After making a low of 21964.60, which is the completion of wave Z, the price is moving upwards.
If this move is impulsive, the price must reach 100% level (23026.85) by 21st March.
At this level, there is a cluster of Fib retracement level of 23.6%
Further targets will be 127%, and 161.8% levels.
This analysis is based on Elliott Wave theory and Fibonacci.
This is not any buying recommendation.
For educational purposes only.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.