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.
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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