NIfty is preparing for the final wave V of wave C of wave (C).
Price has completed the sub-wave (iv) of wave C.
Currently, we are riding on the impulsive wave V of wave C.
If the price breaks the low of wave iii, Traders can Expect the following target of 16110 - 15978 - 15856.After completion of final wave C, Price will start a bull run.
If the price fails to break this level, the price will reverse.
More bearishness will lead the price to the lower band of the parallel channel.
Price has completed the sub-wave (iv) of wave C.
Currently, we are riding on the impulsive wave V of wave C.
If the price breaks the low of wave iii, Traders can Expect the following target of 16110 - 15978 - 15856.After completion of final wave C, Price will start a bull run.
If the price fails to break this level, the price will reverse.
More bearishness will lead the price to the lower band of the parallel channel.
Komen:
GAP down and nifty bellow 15900.
Komen:
It's Friday.... I avoid to trade on the Friday.