#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
![](https://pbs.twimg.com/media/E8l-uIlVoAgBTeL.png)
More from Piyush Chaudhry
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
Having the same view as before in Nifty. Is it a prediction? No, it is calculated trajectory based on the historical fractals. Manual version of backtest with a tinge of experience.
#Nifty50 https://t.co/ajpEwosu3v
#Nifty50 https://t.co/ajpEwosu3v
![](https://pbs.twimg.com/media/FO6W84CaUAAMY-6.jpg)
JK bhai let's have fake breakout in Nifty \U0001f61c
— Aakash Gangwar (@akashgngwr823) March 10, 2022
Not joking though, have a reason to anticipate that. https://t.co/idzSRIpWga pic.twitter.com/MNsTm3Mron