#NIFTY - The Impulse from April Lows might terminate between 16500-750 zone, less likely to exceed past 16900 in the current run.
Can expect a pullback thereafter.
Not betting on any severe reversals at the moment.
#ElliottWave

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More from Nifty
#NiFTY_50(17141)
Low made 17129.55
Objective 0.382% (17181) #done.
If nifty not sustain above today and high and gap remain gap than more downside open till Fibonacci retracement
0.50%(16893) and 0.618%(16604
#Probability
Low made 17129.55
Objective 0.382% (17181) #done.
If nifty not sustain above today and high and gap remain gap than more downside open till Fibonacci retracement
0.50%(16893) and 0.618%(16604
#Probability
#NiFTY_50(17475)
— Waves_Perception(Dinesh Patel) \u092e\u0948\u0902Schedule Tribe) (@idineshptl) April 17, 2022
Daily chart and monthly chart.
Dail chart show Fibonacci retracement level 1st 0.236% done.
Next objetive is to test 2nd 0.382%17181 during the entire week and close near to it.#MACD#RSI pic.twitter.com/Bt9bJuHDFh