Indeks Nifty 50
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Nifty EW count analysis

247
Nifty is currently trading (22032) in 5 of III wave.

Soon it will be followed by corrective wave IV.

On down side it have a 2 support zone from where it can reverse(21470 & 20950), which can mark the End of IV wave and starting of V wave.

As Nifty is rising continuously there is divergence in RSI.

This is my 2 Cents. It is for Educational purpose only. Not a Buy/sell Recommendation


Dagangan aktif
Currently Nifty is at 21238 .

Almost 800 point fall in nifty from 16 jan.

Today it has closed below first support of 21400.

Next support is in range 20950 to 20750.

Penafian

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