Nifty having 8426 risistance support 8307

NSE:NIFTY   Nifty 50 Index
92 0 1
Nifty             is trading in a hourly channel
having resistance 8426 and support 8307.
on breaking 8426 it can show higher levels 8600
Comment: i have to change the wave count, i will do it later.
Comment: probably coming for a target 8340
Comment: read 8540
Comment: I was not confident about the breakout and move toward 8600,
But it happened very fast, where as the expected swift fall didit take place,
the reason as i mention earlier that we were in wave 3 and the down move towards 8350 was wave 4 correction. Wave 3 can be of any length, it was so confusing.
Now we are in wave 5 of the swing started from 7894 with too many inner waves.

The structure has got major changes in higher degree, as the price has moved above the 8598 level.will make a study in the weekend.
EN English (IN)
EN English
EN English (UK)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out