Indeks Nifty 50
Panjang

Corrective Rise Up

224
Nifty seems to completed the formation of the corrective down pattern which was a Diametric formation.
From here we could expect an up move to take place, which will most likely be a corrective rise too.

The first warning that the downside it still in progress will be price entering the range of around 24290 and a break below the level of 23900 will confirm that this wave was just the starting of a larger correction

Happy Trading!!
Nota
The slow momentum suggests that this is most likely a corrective rise up.
STAY CAUTIOUS !!

Penafian

Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.