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NSE NIFTY Is Preparing For Final Wave C

Free nse nifty chart calls

Free nse nifty chart calls

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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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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12 Comments

  1. 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

  2. I applied your study on multiple charts. must say
    it’s impressive, but it’s for experience eyes.
    I have a couple of doubts.

  3. I am someone with very little knowledge. Curious to know if today’s variation changes your view. Thanks in advance! :)

  4. Great stuff, filled with knowledge, helped me with the candlestick thing, never looks into it before. Thanks for the upload, keep it up

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