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Nifty 50 Index
Long

DON'T EXPECT MORE FALL IN NIFTY

By selvamB
Updated
Neo wave Extracting triangle pattern(Limited corrective activity)is just completed in NIFTY INDEX.
It is over assumed and corrective action completed as c5 corrected only 0.618 times of c1
16855(c5 low) is the stop for longs and cross above 18000 is the indication for next bull market
Earnings season, Covid relief, short covering may fuel the market
Note
SPX will bounce
Note
snapshot
Trade closed: target reached
snapshot
Note
close longs
Trade closed: target reached
snapshot
Note
DON'T EXPECT MORE FALL IN NIFTY
Trade closed: target reached
Brace for next week down
Note
snapshot
Trade closed manually
longs ended follow my new post
Chart Patternsextractingtriangleneowaveforecastnifty50niftyanalysisniftyindiaWave Analysis
selvamB

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