Nifty 50 IndexLong
Nifty 50 Elliot Wave Analysis
Updated
Long trade can be initiated with target of 9200 and SL of 8575.
Risk reward is close to 1:3.
Looks like 5th wave up has started already in 15 min time frame.
Risk reward is close to 1:3.
Looks like 5th wave up has started already in 15 min time frame.
Note
SL Hit as market gaped down.
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.