Nifty is preparing for the final wave V of wave C of wave (C).
Price has completed the sub-wave (iv) of wave C. Currently, we are riding on the impulsive wave V of wave C. If the price breaks the low of wave iii, traders can expect the following target of 16110 – 15978 – 15856.
After completion of final wave C, Price will start a bull run. If the price fails to break this level, the price will reverse.
More bearishness will lead the price to the lower band of the parallel channel.
Would you like to get our share market updates instantly?
Click the link to join: Free Stock Tips
Do you want to get premium NSE calls?
Click the link to subscribe: Premium NSE Stock Tips
If you have any questions or concerns about the stock market, don’t hesitate to contact me:
- Email: [email protected]
- Phone: +91 903 386 2706
Have you any questions/feedback about this article? Please leave your queries in the comment box for answers.
I agree with your analysis. I was wondering if 5th of C with bounce back after completing .38 and completing end of 3 rd. Now if looks it will go till .618
Thanks a ton dear for this chart….truly appreciated
Clear Analysis and well presented. Very NIce.
I applied your study on multiple charts. must say
it’s impressive, but it’s for experience eyes.
I have a couple of doubts.
I am someone with very little knowledge. Curious to know if today’s variation changes your view. Thanks in advance! :)
thank you sir ji! :)
Very helpful information thank you 👍
Great stuff, filled with knowledge, helped me with the candlestick thing, never looks into it before. Thanks for the upload, keep it up
it’s a bearish chart.. before entering the market, try to understand the liquidation and imbalance so it’s the perfect area to enter
great work Dev sir, truly helpful 👍
Thanks for sharing, this could be really helpful for people looking to buy dips
VERY IMPRESSIVE AND CORRECT TOO