Nifty 50 Index
Long

Nifty 50 - Seems to Rally

69
After a strong Wave 3 Rally,From the Top/High(26277)Since 27-september 2004,Nifty 50 Pulling back for Wave4 correction,

Where corrective pattern structure seems to be possible zigzag ABC,While A made a sharp impulsive of %waves and C possibly finished Ending Diagonal.

A=C 100% ending at 21800(approx),and Wave 4 ending at 21400(approx) for 38% of Wave3.

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.