After correcting to 18060, it has gone up to 18420 that made a perfect minor elliott wave structure. I could not explain here as it would make things unclear. Nifty is hovering around 23.6% Fib correction. Chances are that Nifty could open gap-up above 18460 lvel from today's close. If it will open below today's high it can drift down to lower near it's Fib supports as indicated line drawn for.
Let's see what it's constituent stocks will do-give support or not. Is Nifty go up or down? Please leave comments.
Let's see what it's constituent stocks will do-give support or not. Is Nifty go up or down? Please leave comments.