Nifty after going continuously up taking breather.
Currently in triple zig-zag correction of which XX wave in progress which is expected to be flat till 17915-70 levels.
The last correction wave is suppose to end near 17180 if we consider nifty starts drop from 17915.
Z wave targets will change based on where flat ABC (or XX) end.
Off course bounce is expected on upside from 17200 odd levels
DISCLAIMER:There is no guarantee of profits nor exceptions from losses.
Technical analysis provided on the chart is solely the personal views of my research.
You are advised to rely on your own judgments while taking any investing/Trading decisions.
Past performance is not an indicator of future returns. Investment/trading is subject to market risks.
Seek help of your financial advisors before investing/trading.
Not recommended to take FnO positions based on this analysis
I may or may not trade this analysis. Details in description.
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Currently in triple zig-zag correction of which XX wave in progress which is expected to be flat till 17915-70 levels.
The last correction wave is suppose to end near 17180 if we consider nifty starts drop from 17915.
Z wave targets will change based on where flat ABC (or XX) end.
Off course bounce is expected on upside from 17200 odd levels
DISCLAIMER:There is no guarantee of profits nor exceptions from losses.
Technical analysis provided on the chart is solely the personal views of my research.
You are advised to rely on your own judgments while taking any investing/Trading decisions.
Past performance is not an indicator of future returns. Investment/trading is subject to market risks.
Seek help of your financial advisors before investing/trading.
Not recommended to take FnO positions based on this analysis
I may or may not trade this analysis. Details in description.
-------(((((Please LIKE or Comment)))))-------
