NIFTY @ ALTERNATIVE 3
As per this alternative wave formation the recent ATH is wave 3rd and still NIFTY is in middle of wave 4th correction and this wave 4th is doing LARGER DOUBLE COMPLEX correction in form of WXYXZ.
And within this formation the recent swing high 23869 is wave X and now we are in middle of final wave Z to form a wave 4th bottom and nifty call fall more 2000 points from the current close and it can revisit the ELECTION day low or slight lower than that.
THIS WAVE FORMATION COMES IN ACTION IF NIFTY gives close below 22353—22250 spot levels.
As per this alternative wave formation the recent ATH is wave 3rd and still NIFTY is in middle of wave 4th correction and this wave 4th is doing LARGER DOUBLE COMPLEX correction in form of WXYXZ.
And within this formation the recent swing high 23869 is wave X and now we are in middle of final wave Z to form a wave 4th bottom and nifty call fall more 2000 points from the current close and it can revisit the ELECTION day low or slight lower than that.
THIS WAVE FORMATION COMES IN ACTION IF NIFTY gives close below 22353—22250 spot levels.
