Nifty 50 Neowave Forecast

Nov 18, 2021

NIFTY

Hi Traders

Today we are going to discuss Nifty 50 Index. So lets see whats been happening here.
After Making an high of 18600 we are falling. We made a low of 17600 which i called (A) point and after that we rise and make a (B) Point. So as you all you can see this three wave corrective structure higher possiblity going towards 17400.

Now longer term trend is still up. So Below around 17000 there is an support trend line. Higher possiblity of returning from there.
So its all depend on how much (C) point will fall.
So this is the best possible scenerio.

Thank You
Wave Forecast