NIFTY has anything changed?

NSE:NIFTY   Nifty 50 Index
It is NR7 day today,
we can have major direction with in short period.
If we study minutely Nifty has just retraced 23.6 percent of up move
from 4 to 5? in the chart and there is no over lapping of waves
the trend is clear here unlike bank nifty .
It is forming higher low through out.
Sectoral rotation is taking place beaten down stocks have started to bounce(adani port,adani ent )
today's pulls back of bank nifty was expected, It may resume its rally too.
It is appearing uptrend of nifty still continues unless this higher low is violated.
today it is still holding on to the imp level.
Don't forget to like my post. follow me to get updates

Join my telegram channel for eod analysis od stocks and index.Connect with me for stock and index swing trading.Follow me in twitter.Visit my telegram channel for today''s live update


The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.