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Niftydirection
Mar 4, 2021 8:33 PM

Nifty zig zag correction C wave  Short

Nifty 50 IndexNSE

Description

DISCLAIMER:There is no guarantee of profits or no exceptions from losses. The study provided is solely the personal views of my research. You are advised to rely on your judgment while investing/Trading decisions. Past performance is not an indicator of future returns. Investment is subject to market risks. Seek help of your financial advisors before investing/trading.

I may or may not trade this analysis
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Can fall towards 0.618 fibonacci level of move 15273-14467
15203 stop loss

Not recommended to take FnO positions based on this analysis
Comments
pallasena
Consider that the Nifty may have completed an ABC correction at the 26th Feb low. The possibility then is for a new advance to new highs or a Triangle type Fluctuation between Feb high and low.Cheers
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