NIFTY looks to extend the current corrective phase till 18450-18420 or in worst case till 18360 (rare chance but still a probability) level.● Wave a (sky blue color) with subwaves i-v (purple color) completed on 2023.06.01.
● Currently into wave b (sky blue color) which is an abcde (purple color) contracting triangle pattern.
● Wave c (sky blue color) should take it to 18450-18420 or in worst case till 18360 level.
Decode the Essence (Tattva) behind price — Structure (Elliott Wave), Energy (RSI) & Proportion (Fibonacci)
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.
Decode the Essence (Tattva) behind price — Structure (Elliott Wave), Energy (RSI) & Proportion (Fibonacci)
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.