Observing Gann Box , Nifty is expected to fall further till expiry.
5th wave of Elliott wave is also forming giving a second confirmation for the downfall till this weekend.
As per this analysis, nifty expected to fall till 16240 i.e. 670 points more till l9th Dec expiry.
Please suggest your views on this analysis.
5th wave of Elliott wave is also forming giving a second confirmation for the downfall till this weekend.
As per this analysis, nifty expected to fall till 16240 i.e. 670 points more till l9th Dec expiry.
Please suggest your views on this analysis.
Note
I was expecting this to fall n a shorter time frame, instead it took reversal on the same day. Later went in the downward direction till 16410 on 20th Dec.
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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.