NIFTY @ 23600 UPDATE
Looks like at today's low which is 23412 wave 4th completed & we are in middle of wave 5th up move for upside minimum 24137 and maximum 24360 to 24586. And expecting our first 5 waves impulsive to complete anywhere 24137 to 24586 and here will get our wave 1st of 5th and anywhere from this zone we may see pullback in wave 2nd of 5th to form a new base higher base support.
To play this 24137 to 24586 now downside 23412 becomes a new pattern negation level.
Looks like at today's low which is 23412 wave 4th completed & we are in middle of wave 5th up move for upside minimum 24137 and maximum 24360 to 24586. And expecting our first 5 waves impulsive to complete anywhere 24137 to 24586 and here will get our wave 1st of 5th and anywhere from this zone we may see pullback in wave 2nd of 5th to form a new base higher base support.
To play this 24137 to 24586 now downside 23412 becomes a new pattern negation level.
