Our Nifty forecast is seeing a trend to the upside. Any potential wave (v) is way too short relative to the previous impulsive waves. Therefore we expect wave (v) to be at a very early stage. We expect the previous wave (iv) low to hold if our analysis is correct. In that case we expect Indian stocks to rally well into 2018.
Trade closed: target reached
Pls refer to our latest Nifty 50 update dated December 20th!
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.