raj0778

Nifty 50 analysis for 12 Oct

Short
NSE:NIFTY   Nifty 50 Index
Minor wave 3 appears to be complete and its correction is under progress ... The corrective pattern appears to be unfolding as a Extended Flat correction ... Hence expecting Wave c of the correction to unfold as downward impulse ... Resistance and support as marked on chart are :-
Resistance - 11955-11965
Support - 11765 -11750
Expecting the bull run to continue post this minor correction
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