NIFTY Possible corrective Wave till 17500-17280-17110
Wave 1 - 19th Oct High 18604.45, 29th Oct 17613.1 = Fall of 991.35 points
Corrective wave - 17613.1 to 15th Nov high 18210.15 = Rise of 597.05 points
Wave 2 - 18210.15 to low of 29th Nov 16782.4 = Fall of 1427.75 points
Corrective Wave - 16782.4 to 13th Dec high of 17639.5 = Rise of 857.1 points
Wave 3 -17639.5 to 20th Dec low of 16410.2 = Fall of 1229.3 points
New Wave 1 beginning - 16410.2 -currently ongoing = already done 1800 points - assuming todays high as peak of New Wave One
Corrective Wave Begins with 12th Jan 2022's high
the study stands invalid on NIFTY move above 18280 Spot levels
NOTE - please consult your financial analyst before taking any financial decision
Corrective wave - 17613.1 to 15th Nov high 18210.15 = Rise of 597.05 points
Wave 2 - 18210.15 to low of 29th Nov 16782.4 = Fall of 1427.75 points
Corrective Wave - 16782.4 to 13th Dec high of 17639.5 = Rise of 857.1 points
Wave 3 -17639.5 to 20th Dec low of 16410.2 = Fall of 1229.3 points
New Wave 1 beginning - 16410.2 -currently ongoing = already done 1800 points - assuming todays high as peak of New Wave One
Corrective Wave Begins with 12th Jan 2022's high
the study stands invalid on NIFTY move above 18280 Spot levels
NOTE - please consult your financial analyst before taking any financial decision
Trade closed: stop reached:
TRADE Closed as stoploss of 18280 hit on daily and hourly closing basis