A Bullish move from 8077 indicates that intermediate recovery is undergoing. as long as the bullish trend line
respected NIFTY will move upto 8450(78.6% of C5).
NIFTY has to spend more time now to complete its 5 wave journey. c51 is over now at7916
target for c52 is maximum 8450.let us think of remaining c53,c54 and the great c55 after some time
respected NIFTY will move upto 8450(78.6% of C5).
NIFTY has to spend more time now to complete its 5 wave journey. c51 is over now at7916
target for c52 is maximum 8450.let us think of remaining c53,c54 and the great c55 after some time
Comment:
AS expected wave B( 5 WAVES ) HAS TO RESPECT 8139 TREND LINE support .if it extends 8092.