Nifty 50 analysis for 12 Oct

11 Eki 2020

Minor wave 3 appears to be complete and its correction is under progress ... The corrective pattern appears to be unfolding as a Extended Flat correction ... Hence expecting Wave c of the correction to unfold as downward impulse ... Resistance and support as marked on chart are :-
Resistance - 11955-11965
Support - 11765 -11750
Expecting the bull run to continue post this minor correction