Nifty 50 IndexShort
Nifty 61.8% retrace done.....what's next?
Nifty has completed its Wave B retracement.
Is Nifty going to start Wave C?
Will July be the Month of a new trend?
Other data points are not supporting the Wave C to begin in July as of now. Hence we have to wait for confirmation till 17th July as I will review all data points then once again for confirmation.
Because my analysis says Mid July will start the new trend but Nifty has to exit the triangle formation downwards and data points should also support it by then.
Will keep posting updates on it. Stay connected.
Happy Trading :)
Note: Views are only for educational purpose.
Is Nifty going to start Wave C?
Will July be the Month of a new trend?
Other data points are not supporting the Wave C to begin in July as of now. Hence we have to wait for confirmation till 17th July as I will review all data points then once again for confirmation.
Because my analysis says Mid July will start the new trend but Nifty has to exit the triangle formation downwards and data points should also support it by then.
Will keep posting updates on it. Stay connected.
Happy Trading :)
Note: Views are only for educational purpose.
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.
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.