it is trading around 20 dma .

アップデート済
Is it an opportunity to buy or sell?
overall trend is bullish.
after march 2023 first time bank nifty
has come closer to 20 dma.
it is an opportunity to buy.
it is now progressing by forming higher high and higher low.
still upside left.I will attach 5 minutes chart and 4 hrs chart
with this.There is likely to gap up tomorrow as obvious from dow and other markets.


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First 1 there is overlapping of waves and it is retraced by around 50 percent.
in second 1 it has been retraced 61.8 percent.it appears correction is over here.
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in 15 minutes time frame.
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in the diogonal wave 1 and 3 are equal and wave 5 shorter than wave 3
Chart PatternsTechnical IndicatorsTrend Analysis

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