ruebennase

NIFTY50.....Disbelief fuels the rally!

NSE:NIFTY   Indeks Nifty 50
Hello Traders,
At my latter analysis, I wrote:“A price range for a correction should be at or around the 17971-17830! !“ Indeed, it was at 17969! Perfect match!
The consequence of this has been rising price to 18349.70 at the end of the week. This was not all!
The path has been set; new ATH just ahead!
I have switched to the 1h timeframe, to show you in detail the count, following my idea!
The next days should be volatile, because of a series of waves 3 and 4!
Don't be scared! Normal behavior, after an impulse has fanned out!
So, for a short note; not more to say (write)!
Have a great weekend!
Ruebennase

Feel free to ask or comment!
Trading this analysis is at your own risk!
Penafian

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