🌊 GIFT NIFTY 50 INDEX FUTURES — Elliott Wave Analysis
GIFT NIFTY appears to be developing a larger A-B-C corrective structure after completing a major five-wave advance at 26694.5. Wave (V) completed at 26694.5, and price has now entered a corrective phase.
🎯 Targets:
Short-term: 20944 — 20595 — 20353
Longer-term: 17607 — 16822
🚨 Crucial level: 24798
Strong resistance / invalidation: 26695
A sustained move above 26694.5 would invalidate my current bearish corrective scenario and force a reassessment of the Elliott Wave count.
💬 What do you think? Could GIFT NIFTY hit 20944, 20595 or 20353, or could it turn higher from here? Share your opinion below.
GIFT NIFTY appears to be developing a larger A-B-C corrective structure after completing a major five-wave advance at 26694.5. Wave (V) completed at 26694.5, and price has now entered a corrective phase.
🎯 Targets:
Short-term: 20944 — 20595 — 20353
Longer-term: 17607 — 16822
🚨 Crucial level: 24798
Strong resistance / invalidation: 26695
A sustained move above 26694.5 would invalidate my current bearish corrective scenario and force a reassessment of the Elliott Wave count.
💬 What do you think? Could GIFT NIFTY hit 20944, 20595 or 20353, or could it turn higher from here? Share your opinion below.
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Pernyataan Penyangkalan
Informasi dan publikasi ini tidak dimaksudkan, dan bukan merupakan, saran atau rekomendasi keuangan, investasi, trading, atau jenis lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Ketentuan Penggunaan.