Fin Nifty Budget Day Expiry - Wave Counting
Updated
Fin Nifty spent the last few days moving sideways after a significant fall from 161.8% (24,000). The corrective wave has completed waves A and B, and today, the price almost touched 61.8% (minimum C wave Fibonacci level). However, the C wave often extends further in a flat correction, making it highly likely to hit 100% or more.
Resistance Levels: 23,719, 23,815, 24,000
Support Levels: 23,433, 23,183, 23,005, 22,777
Fin Nifty might reach these mentioned support zones if it continues to trade below 23,719.
Disclaimer: We are not SEBI registered. The content presented here is based on our personal opinions. Please conduct your own research and consult with a qualified financial advisor before making any investment decisions.
Resistance Levels: 23,719, 23,815, 24,000
Support Levels: 23,433, 23,183, 23,005, 22,777
Fin Nifty might reach these mentioned support zones if it continues to trade below 23,719.
Disclaimer: We are not SEBI registered. The content presented here is based on our personal opinions. Please conduct your own research and consult with a qualified financial advisor before making any investment decisions.
Trade closed: target reached
Two targets achieved and almost touched 3rd one.Note
127% Achieved, Looking to hit 161.8% 22677.10
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