Short

NIFTY: CORRECTION AHEAD

After a five wave impulse down nifty is rising in a corrective structure on the upside. The corrective nature of the price action suggests that near term trend for the nifty50 is down and prices are likely to fall towards 17000 in the coming weeks. On the upside the key resistance zone is 18350 while on the downside key supports levels are 17650/17350/17000

Manish Bhardwaj (CMT L-1)
Analyst & Co-Founder
tradingsutra.com
waveutra.com

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instagram.com/mansh_25

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twitter.com/mansh_25

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Manish Bhardwaj (CMT L-1)
Analyst & Co-Founder
tradingsutra.com
waveutra.com

INSTAGRAM-
instagram.com/mansh_25

TWITTER-
twitter.com/mansh_25

YOUTUBE -

@TRADINGSUTRA @WAVESUTRA

Also on:

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.