Nifty upmove expected beyond 16700
Nifty 15 min chart looks wave iii completed today for upmove started from 16162.
Wave iv is expected to end between 16505 which is 0.236 fibonacci retracement or 16453 0.382.
Consider 0.382 fibonacci retracement wave V target will be 16716 if reversal takes place from 16505 the target will be 16770.
DISCLAIMER:There is no guarantee of profits or no exceptions from losses. The study provided is solely the personal views of my research. You are advised to rely on your judgment while investing/Trading decisions. Past performance is not an indicator of future returns. Investment is subject to market risks. Seek help of your financial advisors before investing/trading.
I may or may not trade this analysis
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Wave iv is expected to end between 16505 which is 0.236 fibonacci retracement or 16453 0.382.
Consider 0.382 fibonacci retracement wave V target will be 16716 if reversal takes place from 16505 the target will be 16770.
DISCLAIMER:There is no guarantee of profits or no exceptions from losses. The study provided is solely the personal views of my research. You are advised to rely on your judgment while investing/Trading decisions. Past performance is not an indicator of future returns. Investment is subject to market risks. Seek help of your financial advisors before investing/trading.
I may or may not trade this analysis
--------------------------(((((LIKE)))))-------------------------------
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