Nifty Short-Term and Broader-Term Projections
Wave (i)-(ii) always cuts bigger under bigger waves of 0-1 or 2-3. Seems for Nifty, it happened at 0.38 during initial wave 0-1. and at 0.5 for wave 2-3. Now for Wave 4-5, we need to see how big the retracement is for (i)-(ii).
Nifty has for the long-term started Wave 5. But in near-term expect deeper pull backs.
Nifty has for the long-term started Wave 5. But in near-term expect deeper pull backs.
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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.