Nifty 50 is seen completing 50% retracement of the prior leg i of 3 with today's dip.
The wave ii has achieved a 50% retracement of the wave i.
wave iii of 3 should now take off by today after noon.
the target for wave iii would be approx 22500 from here.
Today's intraday low of 22075 should most probably be a crucial bottom.
22000-22100 currently is the strong support zone.
The wave ii has achieved a 50% retracement of the wave i.
wave iii of 3 should now take off by today after noon.
the target for wave iii would be approx 22500 from here.
Today's intraday low of 22075 should most probably be a crucial bottom.
22000-22100 currently is the strong support zone.