#Nifty directions and levels for DEC 22.
#Nifty >
"According to the wave structure, it's within a range market zone. Even if it opens with a gap-up or initial market declines, we can expect a minimum correction ranging from 38 to 61%. This correction signifies a minor retracement within the range market. A significant correction is expected only if it breaks the previous low. Furthermore, a pullback continuation is anticipated only if it forms a solid opening structure (such as a long gap-up or consolidation followed by a gap-up)."
"According to the wave structure, it's within a range market zone. Even if it opens with a gap-up or initial market declines, we can expect a minimum correction ranging from 38 to 61%. This correction signifies a minor retracement within the range market. A significant correction is expected only if it breaks the previous low. Furthermore, a pullback continuation is anticipated only if it forms a solid opening structure (such as a long gap-up or consolidation followed by a gap-up)."
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