Analysis After 20th Dec 2022 Closing
Wave Count -
Nifty is in (5)th of 5th of IV Wave , means one more bullish movement is expected.
Also, strong supports are just below close of 20th Dec 2022.
1. 38% Retracement of 3rd Wave in Small Cycle. (Orange)
2. Previous High support is just below 38% support.
Divergence - Bullish Divergence in 1 Hour time chart in...
NSE:NIFTY
Analysis Closing After 8th Dec 2022,
CHART PATTERN (Bullish)
Wedge Pattern Formed and Successfully Breakout with High Volume Candle.
1st Target would be Top of the wedge Pattern
Wave Counts (Bullish)
2nd Target would be 78& of Correction Wave A
If break 78% hurdle,
then
5th Wave of Higher cycle is remaining.
Hello guys i had find this setup in 1D timeframe in infy which is in it sector stock and also in bullish trend and also good fundamentals also made a good chart pattern cup and handle we can have a good opportunity for buying lets see and also before opening any position plzz do analysis yourself. if you like my analysis like share and do follow thank you
