Nifty Spot
The chart of NS very clearly shows that there is STILL ROOM remaining for a DIP towards the Lower TL of the Parallel Channel. I would term this as the minor wave ii ended within the Larger wave 3 .The upmove will start from here to another ATH with whipsaws inbetween. Any break of the Lower level and staying below this for a few days will call for a deeper correction towards 18400...
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.