Free Stock market / Nifty intraday tips, FREE Stock, Commodity & Forex tips

Last Warning to NIFTY Sellers

free nse nifty daily chart tips

free nse nifty daily chart tips

Nifty is forming corrective wave 4 of wave ((5))

Nifty has made a high at 18604 and started falling due to conclude of wave 3.

It has broken the base channel due to high selling pressure on Nifty.

The following terms confirm the nifty pullback.

  • The common Fibonacci retracement of wave 4 is 38.2%. Nifty has entered the 38.2% retracement level. It seems like the reversal is ahead.
  • Wave equality (A = C)
    Wave C is 100% of wave A and vice-versa. If nifty breaks the previous low, then it can reverse between 100% to 161.8% range.

The corrective wave can complete if it sustains in the channel trendline.

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Mr.Guru is a registered investment advisor for Moneymunch, he is a regular guest on popular channels and writes for several newspapers and financial journals. They've black magic of stock market analysis because studied charts over 20 years.

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  1. Thank you for the Nifty and Bank Nifty analysis. I am very thankful for this initiative. I would love to see this type of quality analysis from you. I wonder If you can help me.
    I would like to take your service for the stock market.

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