Nifty - Long Term Scenario
Hi,
Looks like Nifty already completed it's 5 wave bullish sequence on monthly chart and currently correcting the entire wave 5 sequence which is essential for next bull run.
Normally such correction may end near to the previous 4th wave span ( levels as highlighted : 9119-6825).
This is not a trading call, Just trying analyse where we can look for the bottom for a long term investment.
** only for education purpose **
Trade with Care,
Gulz
Looks like Nifty already completed it's 5 wave bullish sequence on monthly chart and currently correcting the entire wave 5 sequence which is essential for next bull run.
Normally such correction may end near to the previous 4th wave span ( levels as highlighted : 9119-6825).
This is not a trading call, Just trying analyse where we can look for the bottom for a long term investment.
** only for education purpose **
Trade with Care,
Gulz
إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.