NIFTY - At the end of the C Wave - DIAGONAL SEEN
NIFTY CMP: 23720 - HOURLY CHART attached
Primary view being that this is a correction, A=C target is around 23630.. but it wont be done in a straight line.
Since this is a 5th of C (or 3rd wave), DIAGONAL formation seems to be getting formed (it looks like one so for now)
Wait for the price action to mature..
Not a place to go long or short at this level
If the price breaks below 23600, then recount is needed.
I am not SEBI Registered. Please consult your Financial Advisor before making any investment decisions
Primary view being that this is a correction, A=C target is around 23630.. but it wont be done in a straight line.
Since this is a 5th of C (or 3rd wave), DIAGONAL formation seems to be getting formed (it looks like one so for now)
Wait for the price action to mature..
Not a place to go long or short at this level
If the price breaks below 23600, then recount is needed.
I am not SEBI Registered. Please consult your Financial Advisor before making any investment decisions
I am not a SEBI Registered Analyst. Views are personal and for Education purpose only. Please consult your Financial Analyst before making investment decision
כתב ויתור
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.
I am not a SEBI Registered Analyst. Views are personal and for Education purpose only. Please consult your Financial Analyst before making investment decision
כתב ויתור
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.