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Technical analysis provided on the chart is solely the personal views of my research.
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If nifty starts fall and doesn't violate 11618 then probability of triple zig zag pattern high.
11440 is 0.786 Fibonacci level of recent high 11618.
Triple zig zag least corrects 0.5 Fibonacci level of previous wave(ii to iii) which is at 10670
z wave correction will be abc correction, abc drawn in chart are just for reference and not calculated.
11099-11035 Gap 1 filling this will confirm downside
11347-11226 Gap 2 filling this will confirm fall towards 10670 or even beyond.
Technical analysis provided on the chart is solely the personal views of my research.
You are advised to rely on your own judgments while taking any investing/Trading decisions.
Past performance is not an indicator of future returns. Investment/trading is subject to market risks.
Seek help of your financial advisors before investing/trading.
I may or may not trade this analysis.
-------(((((Please LIKE & Donate Coins to support my analysis)))))-------
If nifty starts fall and doesn't violate 11618 then probability of triple zig zag pattern high.
11440 is 0.786 Fibonacci level of recent high 11618.
Triple zig zag least corrects 0.5 Fibonacci level of previous wave(ii to iii) which is at 10670
z wave correction will be abc correction, abc drawn in chart are just for reference and not calculated.
11099-11035 Gap 1 filling this will confirm downside
11347-11226 Gap 2 filling this will confirm fall towards 10670 or even beyond.
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