Nifty Technical Analysis - 60 min Chart

Dec 24, 2020

As per 60min Chart

Nifty monday morning goes up level @ 13840 and more (wick level high )
but 1 hr close @ 13749
Nifty coming week down to 12800 ( step by step as per lower time frame basis)

Reason
correction side almost 4th wave completed so it take turn to down ( 5th wave )
so down movement may be fast
Becare friends

Dec 27, 2020

Note

Thanks lets wait and see but my opinion , prediction is strong

wick level high may be 14000 and more respectively timeframe but the closes are @ its pivots

also week will be finished on 3jan21 so close chance to 13780 to 13750 and wick level making high above 14000 within lower frame close (especially one hour response )

no chance to close higher than previous swing high, it should be equal or slightly low and candle color white

otherwise one hr close above 13870 it will be breach - this is my opinion or idea