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rcanu
Apr 18, 2020 8:30 AM

NIFTY MIN 

Nifty 50 IndexNSE

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lohitreddyg2011
What is the max Target in wave 5
rcanu
@lohitreddyg2011, if wave 4 is completed at 8823 and we are in wave 5 then 9480 -9500 is the zone where it can be capped.
if we are still in wave 4 then first let wave 4 complete then we can have an approximation.hope it helps
Sidharth_Kr_Jain
@rcanu, Looks like we are in wave 5 n it should hit min 9583 (last 7512 to 9039 = 1527 and from 8056 + 1527 = 9583)
rcanu
@Sidharth_Kr_Jain, VERY FRANKLY THE MOVE FROM 8823 TO 9316 LOOKS CORRECTIVE OR AT BEST A TERMINAL IMPULSE. IF WE ARE IN A NORMAL WAVE 5 FROM 8823 THEN REMEMBER AFTER 9575 THIS WAVE 5 WOULD BE EXTENDED AND THEN ITS MINIMUM TARGET IS 9900.HOPE IT HELPS
Sidharth_Kr_Jain
@rcanu, Thanks
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