Nifty : Completed the Diametric Pattern
Cập nhật
Nifty has completed the Diametric Pattern as per NeoWave analysis.
Nifty has also completed retracement of 61.8% of the entire fall which started on Jan 20, 2020.
The daily chart shows a reversal warning with an Engulfing Bearish Pattern.
Any fall below 10000 will show very strong bearish moves in Nifty.
Thus B wave of the correction seems complete and we should tighten our seat belts for an eventful C wave.
Nifty has also completed retracement of 61.8% of the entire fall which started on Jan 20, 2020.
The daily chart shows a reversal warning with an Engulfing Bearish Pattern.
Any fall below 10000 will show very strong bearish moves in Nifty.
Thus B wave of the correction seems complete and we should tighten our seat belts for an eventful C wave.
Giao dịch đang hoạt động
Nifty level of 10245 is very crucial. We may see Nifty taking support at this level.A rally can be seen if (and only if) this level breaks on down side.
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