Nifty another motive wave?
Aggiornato
too early to say.
after substantial decline in clearly A,B,C waves , start of new motive wave yet to be confirmed.
The gap formed after the state election results has already been filled up.
Nifty could not even cross the 4 th wave position of C wave.
In smaller time frame the recent rise is in 3 waves there after it had declined yesterday.
and today it has just touched 61.8 percent of that decline.this can be another a,b,too.
at best as long nifty does not conquer firmly the 4 th wave position another major decline can not be ruled out.
if this post helps you like it.
follow me to get updates.
after substantial decline in clearly A,B,C waves , start of new motive wave yet to be confirmed.
The gap formed after the state election results has already been filled up.
Nifty could not even cross the 4 th wave position of C wave.
In smaller time frame the recent rise is in 3 waves there after it had declined yesterday.
and today it has just touched 61.8 percent of that decline.this can be another a,b,too.
at best as long nifty does not conquer firmly the 4 th wave position another major decline can not be ruled out.
if this post helps you like it.
follow me to get updates.
Trade attivo
Nota
Gift nifty has progressed last night and my touch that testing zone where its bullish ness will be tested.
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