Where could Nifty possibly go!!
Sep 3, 2024 @ 10:20 am
Nifty seems to be going up in an ABC wave pattern. However, the momentum is missing.
In the current ABC wave, it seems to be forming the B wave downside.
After the B wave is complete, the C wave would begin.
However, for the C wave to show an upside momentum, it has to first cross and sustain above the 25,300 level.
If the C wave manages to move beyond 25,325 level, it could reach 25,360 and then move towards the 25,400 level.
Disclaimer: We are not SEBI registered. The content presented here is based on personal opinions. Conduct your own research and consult with a qualified financial advisor before making any investment decisions.
Nifty seems to be going up in an ABC wave pattern. However, the momentum is missing.
In the current ABC wave, it seems to be forming the B wave downside.
After the B wave is complete, the C wave would begin.
However, for the C wave to show an upside momentum, it has to first cross and sustain above the 25,300 level.
If the C wave manages to move beyond 25,325 level, it could reach 25,360 and then move towards the 25,400 level.
Disclaimer: We are not SEBI registered. The content presented here is based on personal opinions. Conduct your own research and consult with a qualified financial advisor before making any investment decisions.
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