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sankhyainvestments
Dec 11, 2020 9:06 AM

NIFTY VIEW 

Nifty 50 IndexNSE

Description

NIFTY BREAKS RISING WEDGE

NEXT SUPPORT LEVELS
13355
13280

disclaimer - for study purpose only.
Comments
NaveenSagar
If you see it closely you may found out that 3rd of 5th wave is completed with a high of 13579 where the Fibonacci 3rd wave target was at 1.618(13627.85) if it swings from here then we might expect ABC correction for 4th wave and then it may rebound to complete its 5th wave till 14000 expectedly.

Then we might get to see the correction.

What do you guys think?
sankhyainvestments
@NaveenSagar hey
Thnx for your detailed analysis
I don't have great knowledge of wave analysis so unable to comment on that lines
Mallu_Stockaholic
closed above trend line. So what can be expected next week ?
sankhyainvestments
@lashlancer, bullish as per me
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