Nifty in Final Z wave of complex tripple three correction.
While coming down it is always making abc corrections then they are getting converted into double or tripple three correction internally in this triangle like structure.
The last wave Z itself is complex, currently can be said to be in double three correction with a and b done.
c of y can turn to ending diagonal pattern or if breaks parallel structure can form tripple three complex correction again in Z wave
Anyhow target of Z can be expected to be equal or bit more than Y. 100% fibonacci extenstion of Y comes aroung 13900
Current trend is down will post chart for upside once this complex correction ends
DISCLAIMER:
There is no guarantee of profits or no exceptions from losses.
The stock and its levels discussed are solely the personal views of my research.
You are advised to rely on your judgement while investing/Trading decisions.
Seek help of your financial advisor before investing/trading.
Investment Warnings:
We would like to draw your attention to the following important investment warnings.
-Investment is subject to market risks.
-The value of shares and investments and the income derived from them can go down as well as up.
-Investors may not get back the amount they invested - losing one's shirt is a real risk.
-Past performance is not a guide to future performance.
-I may or may not trade this analysis
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While coming down it is always making abc corrections then they are getting converted into double or tripple three correction internally in this triangle like structure.
The last wave Z itself is complex, currently can be said to be in double three correction with a and b done.
c of y can turn to ending diagonal pattern or if breaks parallel structure can form tripple three complex correction again in Z wave
Anyhow target of Z can be expected to be equal or bit more than Y. 100% fibonacci extenstion of Y comes aroung 13900
Current trend is down will post chart for upside once this complex correction ends
DISCLAIMER:
There is no guarantee of profits or no exceptions from losses.
The stock and its levels discussed are solely the personal views of my research.
You are advised to rely on your judgement while investing/Trading decisions.
Seek help of your financial advisor before investing/trading.
Investment Warnings:
We would like to draw your attention to the following important investment warnings.
-Investment is subject to market risks.
-The value of shares and investments and the income derived from them can go down as well as up.
-Investors may not get back the amount they invested - losing one's shirt is a real risk.
-Past performance is not a guide to future performance.
-I may or may not trade this analysis
--------------------------(((((LIKE)))))-------------------------------
