Balas282
Education

Nifty 50 from Running Variation perspective

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
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