TradeMagic005

Nifty Wave Pattern Analysis

Long
NSEIX:NIFTY1!   GIFT NIFTY 50 INDEX FUTURES
Nifty has been in quiet complex consolidation from last threeweeks and there is very unpredictable moves happeneing without clear trend.But now this expanding triangle wave 4 correction is getting completed at level 18136-18100.The next move is wave 5 target is 19000 level.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.