Nifty in Waves - 28 2 22
Updated
Hi
It seems we have completed waves 1, 2 and recently 3.
Now we wait for the 4th wave to get over near 16850.
From there we can expecr another round of sell off towards 16000.
After that we will review.
It seems we have completed waves 1, 2 and recently 3.
Now we wait for the 4th wave to get over near 16850.
From there we can expecr another round of sell off towards 16000.
After that we will review.
Note
Almost reached the trendline resistance around 16820-16830...now again one more down expected...wherein the 5th wave will complete possibly near 16200-16100...and then the bigger 2nd wave upside..probably again upto 16800-16900 levels needs to be watched.Note
still roaming around in the channel....lets see it the upper trendline is broken or again it comes back to the lower trendline
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