Balas282

Nifty 50 from Running Variation perspective

Education
Balas282 Updated   
NSE:NIFTY   Nifty 50 Index
Primary wave 4 expected to be in sideway either in flat or in any triangle variation. One more higher high will invalidates ZIG-ZAG possibility as retracement will be more than 61.8 of previous move as per Neely wave
Comment:
Nifty nearby its resistance. Small pull back(retracement) needed to gain strength which would help for break and move above 11000 strongly.
Comment:
can retracement expected till 10870 . Lets see.
Comment:
or 10940 might support
Disclaimer

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.