In this 30min chart wave v started from 12790 is in progress in which wave (i), (ii), (iii) and (iv) is may be completed and wave (v) has started from 13402. 13704-13890 is projection range for wave (v). 13422-13325 is an immediate support range which was retracement range of wave (iv). Nifty negative only below 13325.
Its my observation nifty will goes to 12100 politely as all profit booking by market itself after operator consolidation.
It clear cut move to downtrend ,
Viewers don't go purchase let's correction happen.
sivasupramamis
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We can not assume a target.for.nifty.as of now. As for as Fiii. Buy the market will go up. And when they stop. It will fall.N o.body is sure.
ckirtane
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please give daily chart analysis which is more useful to all traders, it may show different stages of waves at different level than 30m chart.here also you are not sure whether wave 5 has started from 13402 or not .
It clear cut move to downtrend ,
Viewers don't go purchase let's correction happen.