Nifty Futures : Finding Real Bottom
Date 28.02.2025
Nifty Futures
Weekly Chart
Based on Elliot wave concept
1 Since Wave 1 & Wave 3 both impulsive waves were extended waves therefore, Wave 4 retracement could be deeper.
2 Currently market is under wave 4 corrective phase of ABC which is 3 wave pattern, hence the yellow mark are wave 4 areas
3 Currently at 78.6% on retracement of Wave 4 which is immediate hope, below this on weekly basis lower levels highlighted will be active.
Regards,
ANKUR
Nifty Futures
Weekly Chart
Based on Elliot wave concept
1 Since Wave 1 & Wave 3 both impulsive waves were extended waves therefore, Wave 4 retracement could be deeper.
2 Currently market is under wave 4 corrective phase of ABC which is 3 wave pattern, hence the yellow mark are wave 4 areas
3 Currently at 78.6% on retracement of Wave 4 which is immediate hope, below this on weekly basis lower levels highlighted will be active.
Regards,
ANKUR
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Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.