Índice Nifty 50
Largo

NIFTY: What's next?

421
Nifty is moving as per our previous prediction posted on 5th March.

After making a low of 21964.60, which is the completion of wave Z, the price is moving upwards.

If this move is impulsive, the price must reach 100% level (23026.85) by 21st March.
At this level, there is a cluster of Fib retracement level of 23.6%
Further targets will be 127%, and 161.8% levels.

This analysis is based on Elliott Wave theory and Fibonacci.

This is not any buying recommendation.

For educational purposes only.

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