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Nifty - Elliott Wave Count

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NSE:NIFTY   Nifty 50 Index
Nifty - Elliott Wave Count

It is important to note that the market trend in Nifty has broken and it is likely to decline towards the range of 19000 as long as the level of 19850 remains secure on the upside. If you have previously taken long positions based on our previous view, it is recommended that you square off now and consider switching to short positions with a 19850 stop loss. Long positions can still be considered with caution. Please note that if the market breaks 19850, then the previous view will no longer be valid.

Please note that this information is solely for educational purposes, and it is essential to exercise caution when trading.

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