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SirajHudda

Nifty Forecasting - Potential Down Move

Short
Indice Nifty 50 (NSE:NIFTY)  
SirajHudda  
NSE:NIFTY   Indice Nifty 50
Wave Analysis NIFTY nifty50 nse correction downtrend short
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waveanalysis nifty nifty50 nse correction downtrend short
After a Sharp Weekly drop last week nifty might consolidate with 50% upmove and if the upmove is a corrective wave pattern then a potential down move would take Nifty to test the previous breakout levels around 9100 levels in the coming weeks. The current down move can also turn out to be a side ways movement for several weeks which would mean new highs would come again.

Happy Trading!

Idee correlate

SirajHudda
Nifty Forecast - More up correction then down.
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