NIFTY possible view in coming week 22.05.2023 - 26.05.2023.Looks like today Nifty has completed (ii) of c.
Also, RSI above 50 on hourly chart at the end of day resolves the previous RSI positive divergence on hourly chart.
The view stays invalid if price moves above 18297 (top of wave b) before reaching end of wave c.
Trade closed: stop reached
The stop loss reached when price moved above top of wave B.
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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.