Elliot waves suggesting nifty moving down
T1 - 19209
T2 - 18953
The projected 5th wave likely to reach 19209 soon and then might have a retracement there for new wave ... also a gap pending at 19209 and hence its a confluence point
T1 - 19209
T2 - 18953
The projected 5th wave likely to reach 19209 soon and then might have a retracement there for new wave ... also a gap pending at 19209 and hence its a confluence point
Trade active
any upside seems to be a SELL opportunity to me here ... 19400 acting as a resistance ... an IF in weekly can give a good return at 19300 levels
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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.