Nifty 50 EndeksiSatış
NIFTY downside targets
If we count a single leg for NIFTY, (recent move), we can see Flat Correction.
Wave B is returning from the golden ratio of 61.8%
We will use the Fib extension to find the target of wave C. We can see that the minimum target of 61.8% has already been crossed. Price now moving for the Rule of equality i.e. 100%.
But we can see several Fib clusters near the price range of 23667.40 and 23621.35
So we can expect wave C up to these zones.
This analysis is done using Elliott Wave theory and Fibonacci.
This analysis is for educational purposes only.
Wave B is returning from the golden ratio of 61.8%
We will use the Fib extension to find the target of wave C. We can see that the minimum target of 61.8% has already been crossed. Price now moving for the Rule of equality i.e. 100%.
But we can see several Fib clusters near the price range of 23667.40 and 23621.35
So we can expect wave C up to these zones.
This analysis is done using Elliott Wave theory and Fibonacci.
This analysis is for educational purposes only.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.