Nifty50指数

Nifty completes 4 th wave and uptrend continues in weekly chart.

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Please read my post in updated on january 1 st where I had predicted the 4 th wave target
of nifty.this minor pull back in daily chart appears to be minor 4 th wave pull back.
and nifty has bounced in the morning itself from the previously left out gap..
It seems up trend will continue..here after.
in weekly chart nifty has reversed from x=y indicating correction is over just below 22000
if so we can see nifty again crossing all time high,but incase it turns out to be a diogonal then
may fall short of all time high.In my profile section you can find out my chart which was posted
in trading view on january 1 st.
please like this post if it helps you.folloe me to get updates
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above is hourly chart,one leg A,B,C,was completed in the morning itslef.But to be in safer side it should cross 61.8 percent level at lease.It has recovered only 38.6 percent as of now.probability of double zig zag is there too.it is 4 th wave pull back.Trading 4 th wave is always tough,certainly at this stage we can not say correction is over as it has covered only 38.6 percent of fall.
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double zig zag in Gift nifty

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