This is internal move of nifty we can call iii of 3 completed at 15044.
Wave ii was shallow and complex
Wave iv is zig zag retraced nearly 0.618 Fibonacci
Reversal expected near 14605
Stop loss is top of wave i which is 14557
wave v of 3 is expected to go towards 15120 levels
DISCLAIMER:There is no guarantee of profits nor exceptions from losses.
Technical analysis provided on the chart is solely the personal views of my research.
You are advised to rely on your own judgments while taking any investing/Trading decisions.
Past performance is not an indicator of future returns. Investment/trading is subject to market risks.
Seek help of your financial advisors before investing/trading.
Not recommended to take FnO positions based on this analysis
I may or may not trade this analysis. Details in description.
Wave ii was shallow and complex
Wave iv is zig zag retraced nearly 0.618 Fibonacci
Reversal expected near 14605
Stop loss is top of wave i which is 14557
wave v of 3 is expected to go towards 15120 levels
DISCLAIMER:There is no guarantee of profits nor exceptions from losses.
Technical analysis provided on the chart is solely the personal views of my research.
You are advised to rely on your own judgments while taking any investing/Trading decisions.
Past performance is not an indicator of future returns. Investment/trading is subject to market risks.
Seek help of your financial advisors before investing/trading.
Not recommended to take FnO positions based on this analysis
I may or may not trade this analysis. Details in description.
Trade closed: stop reached
