In previous chart, Expected upsurge accomplished:
Nifty has reached the optimal supply zone and is expected to decline, at least up to 24,584. The retracement of wave A (0.786) could act as a strong resistance for a reversal. The lower boundary lies at 24,120, while 24,377 marks the low of wave (W). It’s better to consider the lower boundary as the potential maximum downside level.
Once the reversal level is identified, we will proceed toward the bullish path.
Stay tuned!
Money_Dictators
Thanks :)
Nifty has reached the optimal supply zone and is expected to decline, at least up to 24,584. The retracement of wave A (0.786) could act as a strong resistance for a reversal. The lower boundary lies at 24,120, while 24,377 marks the low of wave (W). It’s better to consider the lower boundary as the potential maximum downside level.
Once the reversal level is identified, we will proceed toward the bullish path.
Stay tuned!
Money_Dictators
Thanks :)
Life-time free telegram channel - t.me/moneydictators
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Life-time free telegram channel - t.me/moneydictators
相关出版物
免责声明
这些信息和出版物并不意味着也不构成TradingView提供或认可的金融、投资、交易或其它类型的建议或背书。请在使用条款阅读更多信息。