NIFTY PULLBACK-RANGE
Internal 5th of 1 is looks un complete.
May be 17400-300 range would be pullback range.
Wave 3 of 1 was extended hence, we can assume 5th of 1 could project to 38-61% and definitely will not be extended.
Hence, pullback trader can think near 17400/300.
This is not an advice, please do your own research before going for a trade.
Will try to find some bottomed out stocks so stay tuned. you can support my analysis simply by liking commenting.
Thank you
Internal 5th of 1 is looks un complete.
May be 17400-300 range would be pullback range.
Wave 3 of 1 was extended hence, we can assume 5th of 1 could project to 38-61% and definitely will not be extended.
Hence, pullback trader can think near 17400/300.
This is not an advice, please do your own research before going for a trade.
Will try to find some bottomed out stocks so stay tuned. you can support my analysis simply by liking commenting.
Thank you
Komen:
50% area has reached and if sustain below 17300 then 17215