in my previuos analysis of nifty50 waves(i will mention the link), i had drawn the waves which existed with the 2 major black line(drawn out in chart), i had thought nifty 50 will complete its 5 wave bull run impulsve movement, in that trend itself. but due to the affect of US markets, nifty is fluctuating(same acts for NIFTYIT too), so it will now hold that support(drawn in black line), which is drawn from the markets getting consolidating, after the 2020's bull run. and end up in same trend line which was going previously.
today(23rd sept), when the markets opened which gave a breakdown to my analysis, i had drawn out the purple line, and today the same days when markets got closed, supporting my line, i am confirmed now with my waves.
therefore this analysis even says that US markets will also recover very soon, and will give its bull run.
today(23rd sept), when the markets opened which gave a breakdown to my analysis, i had drawn out the purple line, and today the same days when markets got closed, supporting my line, i am confirmed now with my waves.
therefore this analysis even says that US markets will also recover very soon, and will give its bull run.
