Niftydirection

Nifty more consolidation ahead wave Z started

NSE:NIFTY   Nifty 50 Index
Nifty enter more consolidation phase as wave Z looks have started will take 2-3 days more.

Broken and closed above 0.382 fibonacci levels today next aiming for 0.618 fibonacci level at 17770

Bearish view will get activated as soon as breaks 17244.

DISCLAIMER:There is no guarantee of profits nor exceptions from losses.
Technical analysis provided on the chart is solely the personal views of my research.
You are advised to rely on your own judgments while taking any investing/Trading decisions.
Past performance is not an indicator of future returns. Investment/trading is subject to market risks.
Seek help of your financial advisors before investing/trading.
Not recommended to take FnO positions based on this analysis

I may or may not trade this analysis. Details in description.

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.