meena_sn

Nifty 50 1hrs EWT Analysis

NSE:NIFTY   Nifty 50 Index
Nifty 1hrs EWT
Wave 3 Fibonacci Extension 200% near 18050
SGX Nifty Future already high 17850 level which is (iii) intermediate wave
it can be maintain 17750 level as intermediate wave (iv) or may be provide corrective wave than we go for 18050 target area.
Wave (v) may be ended near 18050 which is upper trend line of trending channel and 3rd wave may complete of higher degree.

we can see sell setup near 18050. if provide sell setup on 1hrs time frame

Disclaimer
It is my personal research before trading and investment plan please do your self study and guide your financial adviser.


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.