HighLight tail with Yellow color at value low.
-> Tail detect each time when price taken U-turn.
Wave counting 5 are completed.
Gravitating price is at 11340 as a target.
(suppose to close above 11357, then the next target will be 11468 (more than 90% probabilities).
We may face Resistance at control price 11340 nearby, for target 11189.
95% chance to win if create a TAIL at value for U-Turn. Candle: candle closed of previous 3 candles.
To see the following Researches, I suggest you take some time important for you.
- 1) Fib. Retracement is completely bullish from 11211.
- 2) History is important to predict the future move.
I still think 11,000 target is possible based on Idea I published on July 14th "Negative Nifty outlook for coming sessions" with target of 11,000.
Nifty next short term target is 11,125.
If nifty breaks 11,100 we will see nifty 11,000 and after which we will see upward pullback in this down rally.. As 10,975 is Major Support that's where we will see some buying around 10975 - 11,000 zone..