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AmPe_stockanalytics

Bullish view on Nifty

Long
Nifty 50 Index (NSE:NIFTY)  
AmPe_stockanalytics  
NSE:NIFTY   Nifty 50 Index
Trend Analysis Wave Analysis Chart Patterns nifty50 NIFTY elliotwaveanalysis channelbreak niftytrading swingtrading
5
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trendanalysis waveanalysis chartpattern nifty50 nifty elliotwaveanalysis channelbreak niftytrading swingtrading
It looks like complex correction is in process(Triple Zigzag to be precise). So the view is bullish for short term.
Also there is a breakout of bearish channel and the Target for the same turns out to be 9600 and 9850, ideal stoploss for the setup can be below 8800.
Nearest Support levels: 9000-8800
Nearest Resistance levels: 9600-9850
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