Nifty impulse wave count and conditional upside breakout point

2021년 5월 13일

Nifty came down in Zig Zag wave with C wave reaching 14650.
This is important support near trend line, interestingly that is near 0.618 Fibonacci level
Until 14782 gets broken there is no upside confirmation.
Once breaks will attempt new high as 1.618 Fibonacci extension above 15550+ or minimum 15210+

Bearish below 14460 so 14782-14460 is no trading zone.

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