Niftydirection

Nifty zig zag 4th Wave correction on the way

Short
NSE:NIFTY   Nifty 50 Index
Wave C is expected either be a ending diagonal or zig zag going down in the channel as shown.

Once this move is done near 15580-50 levels another big move UP will take place.

Target 1 level as you can see 0.618 Fibonacci retracement near 15580 or 1.382 fib extension of Wave A.
Target 2 level is 1555 is 1.618 Fibonacci extension of Wave A

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Technical analysis provided on the chart is solely the personal views of my research.
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