Sharing my positional analysis on Nifty. 20,222 is short term top & marks end of 5 wave up. We have now entered in correction mode & quite near to completion of A leg & henceforth , nifty will look to take support in the range 19,600 - 19,588. We, will look short term bounce in B ( typically 61.8% -50% of A) ; will update once A ends in thread. Late shorts be careful. One can look to short around 19900-20000 range (will update once A ends). All above analysis remains invalid above 20,222 (SL for shorts).
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.