mindfulanalytics

mindfulanalytics

NSE:NIFTY Nifty 50, in the hourly chart, is in the final leg of correction, forming a zigzag corrective pattern of 5-3-5. It has completed wave 3 of wave C at 18837.85. A triangle pattern is in formation in wave 4 of wave-C, which can go up to 19315 - 19360 region. For major correction to complete, Nifty 50 is likely to form a new low of wave 5 of wave C...

mindfulanalytics

Buy Above: 68, Stoploss: 48 (Last Price 66.60): A wave 5 rally from 60.15 is expected to develop impulsively after corrective 3 wave decline of wave 4 low at 60.15, a wave 5 should advance beyond 98.90 with Projected Target – 112