On Friday, Nifty closed at 25,250, reaching its wave C target.
The RSI is currently above 60. As long as the RSI remains above 60, the projected targets are 25,500 as the first target and 25,900 as the second target.
If the RSI falls below 60, it indicates the completion of wave C, a corrective phase, and a potential movement downward toward 25,000.
Please note that October 17 is identified as a significant Time Cycle Date.
Results Season has began so churn your portfolio accordingly.
The RSI is currently above 60. As long as the RSI remains above 60, the projected targets are 25,500 as the first target and 25,900 as the second target.
If the RSI falls below 60, it indicates the completion of wave C, a corrective phase, and a potential movement downward toward 25,000.
Please note that October 17 is identified as a significant Time Cycle Date.
Results Season has began so churn your portfolio accordingly.
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.