Comprehensive studies on NIFTY with using different Theories.

NSE:NIFTY   Nifty 50 Index
Trend-base fib retracement major and minor EWT R 10844 for wave 5th.

=> 4W should not overlapped 1W: intentionally ignored from past research. More detail:

timeCycle, fall expected date 8th/9th July 2020. As per PRICE ACTION, gap up can be seen and then a reversal.

History is going to repeat in this case, labeled 1 and labeled 2.

Parallel Channel and Price Gravitation studied:
Ignored Intentionally the price which is outside of the parallel channel. We can be called them Access, Penetration whatever you want.

Upper Band has 4 touching and the lower band has 2 but important is Price Gravitation whereas "g" is waiting as the target. 10495 nearby

Upper-Band resistance zone starting from 10925-10979. You can set the alert this area for selling zone.

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