NSE ITI: Bull Victory
Did you trade NSE ITI Wave Setup?
Visit here: NSE ITI: Key Levels and Wave Targets Ahead
BEFORE
We had written clearly, “If the price breaks and sustains above 341, traders can aim for wave 5 targets of 365 – 383 – 400+.”
AFTER
Timeline:
[10 December 2024]
- 09:15 AM – Price hit the final target of 400, and made a new high of 404.
This setup could have yielded a gain of over 18% for safe traders and 44% for risky traders.
NSE NIFTY: Double Three Formation
Timeframe: Daily
NSE NIFTY daily timeframe chart displays a Double Three corrective pattern. The correction began at 23,263, with wave (W) completing at 24,857.7. Wave (X) is nearing completion, aligning with the 0.618–0.786 retracement levels. The price has an ATR of 172.2 and an ADX of 27.3. The price is trading below 20/50/100/200 EMA.
The price has completed wave B at 24,792.3, with wave C of wave (X) now finalized. After completing wave C of wave (X), the price will begin forming sub-wave (Y). If NSE NIFTY follows the projected path, it could rise to 100% of wave (W), reaching 25,150.
Lock
We will update further information soon.
