Nifty 50 Index
Long
Updated

Nifty Analysis

Expected Move of Nifty:- After testing 20EMA @ 17450 Nifty will move upside to a expected level of 18790 (which is the fib. level 1 of wave)
Note
Nifty may not test 20EMA, Buy at 17650
Note
Alert: Nifty likely to test 20EMA Weekly (16500-16700)....Dnt buy here....Buy only above 17900 (2 times daily closing basis)
Note
and Weekly closing above 17950
Note
* rectification:- Weekly closing above 17900

Disclaimer