NIFTY @ 24914 ALTERNATIVE-1
As per this alternative the recent high of 26680 is wave i of 3rd & at today's low either we have completed wave ii of 3rd or we may complete between 24870 to 24723 & anywhere from this support zone we may move higher above 26680 in next couple of days in wave iii of 3rd.
This alternative view remains active as long as NIFTY manage to hold 24870—24723 spot levels on daily closing basis. If nifty closes below 24870—24723 given support then this ALTERNATIVE & view fails & alternative-2 comes in action.
As per this alternative the recent high of 26680 is wave i of 3rd & at today's low either we have completed wave ii of 3rd or we may complete between 24870 to 24723 & anywhere from this support zone we may move higher above 26680 in next couple of days in wave iii of 3rd.
This alternative view remains active as long as NIFTY manage to hold 24870—24723 spot levels on daily closing basis. If nifty closes below 24870—24723 given support then this ALTERNATIVE & view fails & alternative-2 comes in action.
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