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Indeks Nifty 50
Singkat

NIFTY from March Low

Oleh Swarnendu_Mitra
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Z itself might have done a triple Zigzag and final z of Z has ended in a triangle. Confirmation sustaining below channel, But sell at CMP or higher with SL being new high above 15336..
Target after break of channel..
Nota
Couldn't break the channel on first try, might try once again. The move from 15336 seems to be unfolding as an LD. If it's done, W2 will be sharp and deep. Short near 61.8%-78.6% retracement with SL again at 15336.
Nota
Bullish alternate, if 14264 isn't taken out next week, NIFTY is going for 16700+. Confirmation above 15336.
Nota
Channel gone. Now TSL 14527.
Wave Analysis
Swarnendu_Mitra
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