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meena_sn
Aug 15, 2022 10:07 AM

Nifty 50 1hrs EWT Analysis 

Nifty 50 IndexNSE

Description

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.

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