Nifty 50 IndexShort
Elliotwave analysis shows Nifty downtrend
IF you see the chart the ,we can expect 500+ point downside move if the resistance is broken (near 16680). If we take Fibonacci levels then it should cross exactly 30%, ideal for reversal.
Related publications
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.