Nifty 50 Index
Updated

Nifty down for wave Y

89
Nifty moving in corrective wave w-x-y.
of which wave y is in progress..
important fibonacci level to watch for wave Y on downside
1 : 25225
1.618% : 25165

Disclaimer : study is only for learning
Note
2.618 % : 25066 level...
Note
Nifty now near to important support and psychological level...
sustaining above this will give bounce for gap filling
Note
bounced as expected ... made high 25185.. till now
Note
made high 25216 today
Trade closed: target reached
made high in gap 25216

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.